2024-03-05 19:37 UTC
"There is already more than enough LNG export capacity to meet global demand for the fuel, if countries meet national and international climate goals."
https://www.carbonbrief.org/qa-what-does-bidens-lng-pause-mean-for-global-emissions/ @climate
#CarbonBrief #LNG #oilAndGas #energy #GHG #longRead #exports #freeTrade #Biden
Replies (1)
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@maugendre@mas.to 2024-12-05 20:21
The expansion of LNG depends on the support of banks and asset managers who continue to pump unrestricted finance into the sector, with banks providing US$213 billion for LNG expansion between 2021 and 2023. The #report assesses financial flows (project financing and corporate financing) to and investments (bonds and equity) in the 150 largest LNG developers: https://reclaimfinance.org/site/en/2024/12/05/frozen-gas-boiling-planet-how-the-support-of-banks-and-investors-to-lng-fuels-a-climate-disaster/ #LNG #oilAndGas #energy #GHG #exports #emissions #carbon #methane #assets #capacity #commodities #ReclaimFinance