An important elephant in the room in CO2 comparative emissions, between LNG and pipeline gas, needs to be factored into consideration for both countries’ and companies, in their ESG assessment. Some estimates place the liquification, marine transportation, and regasification of LNG, as having 10 times more CO2 emissions than regular pipeline gas. This is predominantly due to the high energy required in the compression and transformation from natural gas, into its liquid state.
COP27 Climate considerations, and the reluctance to accept what is happening around us, is no joke. By refusing the heel of the Russian boot on our throat in avoiding use of Russian natural gas, we are contributing to a significant increase in CO2 emission, for the same energy output level… LNG and natural gas produce the same CO2 once burnt, but the additional CO2 emissions required in the transformation from natural gas into LNG, has to be considered at the political and strategic level.
#esg #transformation #transportation #gas #pipeline #naturalgas #energy
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