Category FAQs Search : Carbon Footprint
Question: LNG producers will aim to cut their carbon footprint
Answer: Significance
The companies use carbon offsets in a bid to sustain demand in the face of rising concern about methane emissions, evolving sustainability criteria, the adoption of carbon net-zero targets and a decline in public sector funding for LNG supply chain infrastructure. They are also seeking to reduce the greenhouse gas (GHG) impact of their operations.
Impacts
Downstream LNG infrastructure projects will find it more difficult to raise public and private finance.
Carbon-neutral LNG deliveries will make a negligible contribution to limiting climate change.
The adoption of carbon capture and storage to cut emissions from LNG liquefaction will offer insights for other sectors.
(Source: , 20 Aug 2021)
Source Link: https://doi-org.onlinedatabase.librarynet.com.my/10.1108/OXAN-DB261130