Ambiguities dull lustre of carbon-neutral LNG

The complexity and cost of pricing carbon emissions from LNG’s full lifecycle will likely deter adoption—so a narrower approach may work better

Sales of so-called carbon-neutral LNG cargoes may have created positive PR for the companies involved. But it remains an amorphous term with no industry consensus about how to measure emissions or quantify offsets. Carbon-neutral LNG can involve engineering improvements to lessen carbon intensity and methane losses, carbon capture and storage, and reduced flaring. Other strategies include using renewable power, switching to biomethane as a feedstock, and upgrading ships and engines to make them more fuel-efficient. But, more commonly, not much changes from an operational viewpoint, with industry players instead buying carbon offset credits. Proponents argue offset credits measure and certify

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry