LNG-and-the-future-of-energy LNG-and-the-future-of-energy LNG-and-the-future-of-energy

Emission taxes on European LNG imports could split the global LNG market

The environmental footprint of LNG is under increasing scrutiny. Despite emitting about half the carbon dioxide (CO2) of coal when combusted, the LNG value chain remains highly carbon intensive and plagued by methane losses. The EU has extended its Emission Trading Scheme (ETS) to shipping, meaning that LNG cargoes into Europe will be subject to a carbon tax from 2024. But the fear is that if goes one step further and tightens it methane regulation or includes LNG in its Carbon Border Adjustment Mechanism (CBAM) then a two-tier, imbalanced global LNG market would result. Source: Wood Mackenzie

This report is for subscribers only Start with a FREE 30-day trial and then save up to 22% with an annual subscription. Get instant access to over 1,700 reports. Cancel anytime.
Already a subscriber ? Log in

Related Posts

Trending Posts

Recent Post

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Energise Your Wednesday!

SIGN UP to receive our weekly newsletter with new LNG market reports, presentations & analysis. EVERY WEDNESDAY!