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Is LNG worse for the climate than coal?

Financial Times LogoFinancial Times11h ago

Is LNG worse for the climate than coal? - Financial Times

Quick Summary:

The paper has generated a political firestorm since it was first published in draft form last year, as it challenges a core tenet of the rapid expansion of the global LNG industry: that displacing coal generation with gas is helping the world to decarbonise.

The paper, which reports that LNG generates more greenhouse gases than coal, has been published and peer reviewed, backing those opposed to the expansion of LNG export facilities in the US.

It also deviates from the results of a 2019 study commissioned by the US government, that determined the use of US LNG for power production in European and Asian markets would “not increase greenhouse gas emissions” from a life cycle perspective.“We have no problem at all with this [Howarth] study and other studies being factored into DOE’s overall evaluation.


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Article Details

Author / Journalist: Jamie Smyth

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 11:00:09 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1211 words

Reading Time: 7 minutes read

Sentences: 36 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23073569

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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