LNG total greenhouse emissions
Posted: 06 Oct 2024, 07:17
I major new scientific study in the US has concluded that the the US LNG industry has higher total greenhouse emissions per unit end user power output than the coal industry'. Biden has suspended new licences for LNG export terminals on the strength of it, although Trump has viewed to reinstate them on day one.
In evitably such a report has hit massive kickback from the industry and global politics, and has still not been formally published after 5;rounds of peer review.
The key finding is that that carbon emissions from well drilling and fracking (powered by diesel powered pumps), piping the gas to the coast, liquifying, sailing thousands of miles and regassifying, combined with total methane leaks of 3.5% before combustion has a bigger greenhouse impact than local coal mining.
This is politically difficult because Europe and the UK is now heavily dependent on US LNG exports after the Russian pipelines we,re blown, and the cost of outbidding the rest of the world for the global supply of LNG exports has been crippling.
The US industry obviously is trying to maximise profits and is quite happy to install Trump in the whitehouse by any means necessary to get them. However, as the gas mostly comes from shale wells which deplete very rapidly, they have marginal economics even at the current high demand, and the domestic US Ng market is saturated with supply. Shale wells usually produce both oil and gas, and the oil is the primary product.
There is also the peak oil perspective. The rate of drilling in US shale fields is so high that some estimates put it reaching peak production in the next few years, followed by steep decline rates. This is mostly for their oil production, but the NG production would become even less economic.
https://phys.org/news/2024-10-liquefied ... print.html
In evitably such a report has hit massive kickback from the industry and global politics, and has still not been formally published after 5;rounds of peer review.
The key finding is that that carbon emissions from well drilling and fracking (powered by diesel powered pumps), piping the gas to the coast, liquifying, sailing thousands of miles and regassifying, combined with total methane leaks of 3.5% before combustion has a bigger greenhouse impact than local coal mining.
This is politically difficult because Europe and the UK is now heavily dependent on US LNG exports after the Russian pipelines we,re blown, and the cost of outbidding the rest of the world for the global supply of LNG exports has been crippling.
The US industry obviously is trying to maximise profits and is quite happy to install Trump in the whitehouse by any means necessary to get them. However, as the gas mostly comes from shale wells which deplete very rapidly, they have marginal economics even at the current high demand, and the domestic US Ng market is saturated with supply. Shale wells usually produce both oil and gas, and the oil is the primary product.
There is also the peak oil perspective. The rate of drilling in US shale fields is so high that some estimates put it reaching peak production in the next few years, followed by steep decline rates. This is mostly for their oil production, but the NG production would become even less economic.
https://phys.org/news/2024-10-liquefied ... print.html