All posts tagged: LNG


Edging into the hydrogen age: Carbon Brief questions if it can really solve climate change

Long recognized as an alternative to fossil fuels and once again heralded as an invaluable tool for tackling climate change, hydrogen is a key component within many of the recently announced national net-zero energy plans being rolled out by individual nations as well as the European Union. Hydrogen will likely be given a center role in new President Joe Biden’s climate plan too. To help sort out hope from hype, climate think tank, Carbon Brief recently published a detailed and invaluable hydrogen explainer. With comments from one of the analysts quoted in the explainer, L. Michael Buchsbaum helps untangle hydrogen’s reality.

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Natural Gas is a Bridge to Nowhere

Natural gas has long been touted as the climate-friendly, carbon-low interim fuel in the transition from fossil fuels to renewables. And the recent fall in its price has made gas a go-to fuel for many countries, including Germany. But experts say this is no reason to build ever more pipelines or to see gas as anything more than another fossil fuel that must be phased out as quickly as possible. Paul Hockenos reports.

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Fracking chaos: As debt-ridden gas producers go bankrupt, who’ll be left to clean up their mess?

Though fracking enabled the U.S. to finally re-achieve the long held conservative dream of energy independence, the ever-increasing volume of fracked fossil gas flowing out of the U.S., has led to an international glut as prices continue to fall. Now neck-deep in debt and historically unprofitable, pure play gas frackers are starting to struggle. Mass bankruptcies, shut-ins, and layoffs are likely. But Trump’s evisceration of environmental protection laws combined with ludicrously low liability bonds virtually ensures the public will be stuck with the clean up bill. Michael Buchsbaum explains.

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The energy security trap: liquefied natural gas in Croatia

Croatia’s plan to construct a liquified natural gas (LNG) import terminal has been on its energy policy agenda for decades, but was postponed over and over again. Finally investors have decided to build the Krk LNG terminal, and argue that it will increase energy security in Central Europe and the Balkans. But its impact can range from maintaining the country’s reliance on fossil fuels to becoming an underutilised piece of infrastructure sapping away governments’ attention from their renewable energy agendas, says John Szabó.

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EU Commission locks in imported LNG, endangering climate goals

Under pressure from Trump, just weeks ahead of the European Parliamentary elections, the EU Commission signed a long-term agreement locking in at least 20-years of imported fracked Liquid Natural Gas (LNG) shipments. Despite hundreds of international environmental groups warning this will torpedo the goals of the 2015 Paris Climate Accords and retard plans to decarbonize Europe, EU President Juncker and Vice-President Maroš Šefčovič are hailing the deal as part of the continent’s on-going clean energy transition. L. Michael Buchsbaum takes a look.

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