While governments urgently rethink their gas policies, Christina Ng and Sam Reynolds at IEEFA summarise the evidence against the claim that gas and LNG can be green and have a sound economic future. Firstly, most measurements of emissions do not include the full life-cycle of production. For LNG that includes extraction, transport, liquefaction, and re-gasification. They point at studies that say it can be almost as much as the emissions produced … [Read more...]
Will COP26 set right the booming Carbon Offset Market
Carbon offsetting is when a company, rather than cut its own emissions, pays someone else somewhere else to cut their emissions. It has always been controversial because it has two main problems. Buying carbon credits means you aren’t putting the effort in to cut emissions yourself. And the risk of double-counting: when the company reports it has cut emissions, and so does the “someone else”. A third problem exists too: measuring whether the … [Read more...]
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