Datastream
The Benefits of Reducing Methane Emissions
The following content is sponsored by Carbon Streaming Corporation.
The Briefing
- Almost half of net global warming comes from methane emissions—but only 2% of all climate financing goes towards its reduction.
- By 2030, 45% of anthropogenic methane emissions can be reduced with available, targeted solutions combined with additional measures that are aligned with development goals.
The Benefits of Reducing Methane Emissions
Methane is highly potent, capturing 84 times more heat than CO₂ in its first 20 years in the atmosphere.
In spite of these dangers, methane abatement receives a fraction of all climate financing. Based on an analysis from the Climate Policy Initiative, $110 billion in funding is needed annually, or about tenfold the amount spent today.
This infographic sponsored by Carbon Streaming Corporation looks at the benefits of mitigating methane emissions across key sectors.
The Benefits of Reducing Methane Emissions
The risk of methane emissions is substantial: it has contributed to nearly half of net global warming.
The good news is that future emissions can be cut significantly. Methane solutions that are currently available, combined with additional measures that target priority development goals, can cut 45% of human-caused methane emissions by 2030, equivalent to about 180 million tonnes per year (Mt/yr).
This translates into 0.28°C in avoided warming between 2040 and 2070 along with 255,000 premature deaths being avoided due to rising ozone concentrations.
Sector | Avoided Warming 2040 - 2070 | Avoided Premature Deaths due to Ozone Per Year | Avoided Crop Losses |
---|---|---|---|
Agriculture | 0.04°C | 40,000 | 4 Mt/yr |
Waste | 0.05°C | 45,000 | 5 Mt/yr |
Fossil Fuels | 0.09°C | 80,000 | 8 Mt/yr |
Additional | 0.10°C | 90,000 | 9 Mt/yr |
Total | 0.28°C | 255,000 | 26 Mt/yr |
Source: UN Environment Programme
On top of this, 26 million tonnes of crop losses could be avoided each year—equal to about 10% of America’s total food production annually—by utilizing these combined reduction measures.
Methane Mitigation Potential by Sector
As a noxious greenhouse gas, methane is often found in livestock emissions, landfills, and natural gas. For these reasons, the agricultural, waste, and fossil fuel sectors produce the most methane emissions annually.
Where do the largest opportunities lie in mitigating emissions?
Waste
The waste sector presents an opportunity to reduce 29-36 million tonnes of methane emissions annually. The vast majority—80% of landfill emissions and 70% of wastewater methane emissions—can potentially be mitigated by 2030 with technologies that are technically feasible today.
Agriculture
By 2030, 30 million tonnes of methane emissions have the potential to be removed each year in the agricultural sector. In fact, 30% of livestock emissions can be potentially eliminated in a technically feasible way over this time period.
Fossil Fuels
The highest potential is found in fossil fuels, with up to 57 million tonnes of methane emissions from the oil and gas sector and up to 25 million tonnes from the coal sector having the potential to be mitigated each year by 2030. Research shows that up to 80% of targeted measures in the oil and gas sector and up to 98% of coal measures could be implemented at negative or low cost.
In particular, methane leak detection and repair in the oil and gas industry represent a significant opportunity. For instance, between 2019 and 2021, over 2,400 large methane leaks took place.
Significant Potential
Today, technologies to fight methane emissions are readily available, with the potential for immediate benefits.
Consider how 0.1°C in warming could be prevented by 2050 using methane abatement technologies in the oil and gas sector. This is equivalent to eliminating the entire emissions of road vehicles—from cars to two-wheelers—globally.
Given the grave threat methane emissions pose to the planet and society, methane abatement solutions present significant opportunities using current technologies.
Carbon Streaming supports mitigating methane emissions with its carbon credit streams on projects in Canada and India.
Where does this data come from?
Source: UN Environment Programme, ‘Global Methane Assessment: Benefits and Costs of Mitigating Methane Emissions’ (May 2021)
Datastream
Super-Sized Bets for Football’s Big Game (2013-2022)
Expanding legalization has driven an increase in bets on football’s big game, with wagers more than doubling from 2021 to 2022. (Sponsored Content)

The Briefing
- Sports betting became legal outside Nevada when the federal ban was lifted in 2018.
- Legalization contributed to betting growth, with wagers on football’s big game increasing ten-fold over the last decade.
Super-Sized Bets for Football’s Big Game
With 99 million viewers in 2022, “more Americans tune in to the Super Bowl than any other television broadcast.” Its large viewership, combined with expanding legislation, has led to ballooning wagers.
In this graphic sponsored by Roundhill Investments, we show how these bets have grown over the last 10 years.
Annual Legal Bets on the Big Game
From 2013 through 2018, sports betting was only legal in Nevada and year-over-year growth was low. However, when the federal sports betting ban was lifted in May 2018, more states started allowing bets.
By 2022, 33 states plus Washington, DC were legally able to bet on the game. Wagers climbed quickly as a result.
Year | Total Bets | Annual Growth |
---|---|---|
2013 | $99M | 5% |
2014 | $119M | 21% |
2015 | $116M | -3% |
2016 | $133M | 14% |
2017 | $138M | 4% |
2018 | $159M | 15% |
2019 | $191M | 20% |
2020 | $280M | 47% |
2021 | $486M | 73% |
2022 | $1.1B | 119% |
Data only for states that report bets on football’s big game, see graphic for full list of states included in 2022.
Impressively, legal bets surpassed the $1 billion mark in 2022. Growth was primarily driven by New York State legalizing online sports betting, with the state contributing nearly $500 million to the total.
Since the New York State Gaming Commission does not report event-specific totals, we have estimated this amount based on sports bets made the week leading up to and including the date of the big game.
Investment Exposure to an Emerging Industry
Due to legalization, bets on football’s big game have grown 10 times larger over the last decade. A further shift away from bookies and toward legal operators appears to be likely. In September 2022, 89% of Americans said it was important to bet with a legal operator this NFL season, up from 76% in February 2022.
For legal operators, this could translate into revenue opportunities. Companies that take legal bets reported more than $62 million in revenue from the big game alone in 2022, a 37% jump from the prior year.
Looking for exposure to the growing sports betting industry? Explore Roundhill’s sports betting ETF, $BETZ.
-
Datastream6 days ago
Ranked: The Top Online Music Services in the U.S. by Monthly Users
-
Automotive2 weeks ago
The Most Fuel Efficient Cars From 1975 to Today
-
Datastream3 days ago
Super-Sized Bets for Football’s Big Game (2013-2022)
-
Technology4 weeks ago
Prediction Consensus: What the Experts See Coming in 2023
-
VC+2 weeks ago
Get VC+ Before Prices Increase on February 1st
-
Technology2 days ago
Ranked: America’s 20 Biggest Tech Layoffs Since 2020
-
Energy4 weeks ago
Mapped: Biggest Sources of Electricity by State and Province
-
Economy2 weeks ago
The $16 Trillion European Union Economy