The first chart below has been included in a similar form in prior work and is a good summary of what is needed to decarbonize the LNG market to the greatest degree possible. There is a lot of resistance to the idea of endorsing natural gas as a transition fuel, but so many developed and developing countries need natural gas – often in the form of LNG – to displace or avoid (additional) coal use. If the LNG industry does not start to pursue the paths suggested in the exhibit, and reasonably quickly, it will stand very little chance of winning, or perhaps surviving, a PR battle that is very much stacked against it.
Energy Is Going To Be A Real Challenge In 2022 Regardless
Jan 14, 2022 2:36:39 PM / by Graham Copley posted in ESG, Sustainability, LNG, Coal, Energy, decarbonization, IEA, natural gas, renewable energy, EV, climate, materials, decarbonize LNG, material shortages, transition fuel