Markets - 03/November/2021

LNG lingers on in Asia

Southeast Asia’s reliance on liquified natural gas is putting the region’s carbon reduction targets in jeopardy. But cost considerations currently outweigh environmental concerns

Some LNG suppliers are touting carbon-neutral cargoes in a bid to boost green credentials of the technology


TRANSITION FUEL LNG is seen as an important bridge for many Southeast Asian economies as they transition away from coal

LONG GOODBYE Suppliers are utilising carbon capture and storage technology in order to increase the sector’s longevity

KEY QUOTE LNG players seem to be promoting their own respective green carbon initiatives with little, if any, ongoing scrutiny over their claims other than buying carbon credits ...

 

Try FORESIGHT - 30 days for €29

Already a subscriber?

Login



Comments are closed.

Related articles

Southeast Asia attempts to kick the coal habit

Despite significant renewables potential in Laos, Vietnam and Indonesia, the burning of coal remains an important element of the economy. Changing attitudes and the climate emergency mean these countries are looking for an exit route but it will not be easy

Read more

Ships emit vast volumes of black carbon from their smokestacks, a much more powerful carbon forcer than carbon dioxide

The tide is turning

If the global marine transportation sector were a country, it would be ranked sixth in terms of CO2 emissions. A number of progressive leaders in the industry are starting to explore alternative ways to propel their ships, but more investment is needed.

Read more

Gas in transition

Cleaning up gas is key to its future in a decarbonised energy mix

Read more

Shipping industry coasts towards decarbonised future

Efficiency measures have cut greenhouse gas emissions in the shipping industry, but if the sector is to be part of the climate solution, radical action to adopt new cleaner fuels is the only answer

Read more

Japan’s relationship with nuclear clouds net-zero plans

Japan is one of more than 130 nations pledging to reach net-zero carbon emissions by 2050. However, its path may be more complicated than anticipated given Japan’s reliance on both fossil fuels following public scepticism over nuclear power

Read more