LNG ([liquefied natural gas) which is created by cooling fracked gas to create a clear, colorless liquid, has been promoted by the oil industry as "climate-friendly."
However, an analysis by Food & Water Watch, titled LNG: The U.S. and E.U.'s Deal for Disaster, warned, "One year of emissions from 50 billion cubic meters (BCM) of LNG would be equivalent to yearly emissions from 100 coal plants."
The U.S. is already the world's biggest exporter of LNG, with exports averaging 0.32 BCM per day in the first half of this year. More than 70% of U.S. exports went to Europe this year, and while the Biden administration's plan has promised an extra 15 BCM of LNG to Europe this year, the current pace "will triple" that pledge. Exporting 50 BCM of LNG per year would cost between $10 billion and $19 billion annually, while providing the E.U. with just 12% of its demand for gas as it faces an energy crisis.
The same level of investment in utility-scale solar power could provide Europe with more than 540 megawatt-hours (MWh)—11% more energy than would would be provided by LNG. Onshore wind power costs are similar, providing 515 million MWh," reads the report. "Scaling up renewables to this level would avoid over 500 million metric tons of fossil fuels, no matter if it is replaced with solar or wind. The choice is clear."
"The White House vision for delivering gas to Europe will serve to deliver climate chaos across the globe, at a moment when we simply cannot build new fossil fuel facilities at all," said Food & Water Watch research director Amanda Starbuck.
https://www.commondreams.org/news/2022/10/26/bidens-lng-export-goal-would-spell-climate-disaster-analysis-warns
No comments:
Post a Comment