Eco-efficient environmental policy in oil and gas production in The Netherlands

This article presents the quantitative eco-efficiency method developed for prioritising environmental investments in NOGEPA, The Netherlands Oil and Gas Exploration and Production Association involving all major oil and gas producers in The Netherlands. They are committed to a high level of environmental improvement in a Covenant with Dutch central government. Quantitative assessment of eco-efficiency in terms of cost per unit of environmental improvement requires the quantification of both costs and environmental impacts, each in a single indicator. The present study focuses on the development of a single environmental indicator for that purpose. The overall process for arriving at such an indicator has been structured according to ISO 14042 about the life cycle impact assessment. For the last step in this process, the establishment of weighting factors across environmental themes, a panel method has been chosen, involving as stakeholders the government officials involved, the industry experts and independent experts from scientific institutes.