EQT Corporation and Context Labs announced the establishment of a strategic partnership to advance the commercialization of verified low carbon intensity natural gas products and carbon credits. The partnership brings together EQT, the largest natural gas producer in the U.S., and Context Labs, an expert in distributed ledger technology, advanced climate data and analytics, machine learning and AI-capabilities. Through tracking, reporting and verification of critical emissions data, the strategic partnership will support EQT in achieving its industry-leading emissions reduction targets, which include a commitment to reach net zero greenhouse gas emissions by 2025. With a focus on emissions quantification, operational analysis and the certification of natural gas production, the companies will work to scale emissions mitigation across the full energy value chain.
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