This Week: LNG isn’t awesome

LNG developments aren't reducing fossil fuel usage, but new projects are driven by geopolitical & financial opportunities.
January 25, 2024

A round-up of today’s LNG reports:

“LNG gives the U.S. geopolitical leverage, and new terminals are an economic driver in some places.”

“There is mounting evidence that LNG is more greenhouse gas-intensive than previously estimated, and it could even be worse for the climate than coal. But crucially, U.S. LNG has no or very limited impact on coal consumption overseas. Instead, U.S. LNG is likely competing with investments in the clean energy economy the world needs to protect us from even graver climate impacts.”

Relevant, an earlier consideration:

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