Liquefied natural gas carbon footprint is worse than coal
phys.org
phys.org
https://www.reuters.com/markets/commodities/us-lng-export-do... ("Reuters: US LNG export dominance tested as Europe's demand wilts")
https://www.eia.gov/todayinenergy/detail.php?id=61683 ("EIA: The United States was the world’s largest liquefied natural gas exporter in 2023")
> The countries that imported the most U.S. LNG were the Netherlands, France, and the UK, with a combined 35% (4.2 Bcf/d) of all U.S. LNG exports. LNG imports increased in the Netherlands after the Gate LNG regasification terminal was expanded and two new floating storage and regasification units (FSRUs) were commissioned. Germany began importing LNG in 2023 when three new FSRUs were commissioned. We expect another four terminals (three of which are FSRUs) to come online between 2024 and 2027.
Due to the EU pricing GHG emissions, this is likely to update and send price signals against LNG consumption (based on updated LNG emissions impact information available).
It's not simple. If a country/company has made capital investments in LNG procession or consumption (say an LNG electric power plant), they will want to get their returns on that investment. If the prices of renewables are much lower than LNG, then, those plants will not be able to sell their electricity, and go bankrupt.
But that doesn't mean a loss of the capitalists. Many global south countries have built plants using foreign loans that will need to be paid whether the plant produces or goes bankrupt. So many countries will attempt to keep these LNG plants going for as long as possible.
True, but how many people read articles versus responding to just the headlines?
It's visible even on HN.
So export and LNG are nearly synonymous.
Their numbers demonstrate that even transporting it large distances with engines that leak methane, it's those upstream leaks that dominate.
Luckily we're getting better and better at monitoring those leaks, hopefully this will shift gas production away from areas with high methane leakage (e.g. Russia) towards countries that pay attention to this stuff (e.g Norway) and generally incentivize industry to do better.
Sweeping statements are just not that helpful.
Interviewed with a midwestern company doing CNG truck conversions and building fueling infrastructure back in 2014/15. Diesel prices coming down crushed them, and they sold off the majority of their fueling station biz in 2019, to focus on renewable CNG from dairy & hog farms.
There's also CNG which is compressed natural gas, and that's (largely) methane but it's a pressurized gas not a liquid. That is sometimes used in heavy goods vehicles.
The only thing worse than a fossil fuel is a fossil fuel from Russia. An article about LNG that doesn't consider this aspect might be disingenuous.