LNG & Climate Change
Updated: Oct 8, 2020
Climate change is a global crisis that can significantly change the dynamics of the world. Many are familiar with the term but don't quite understand the concept. There are various solutions that can help combat this global crisis especially in the area of fuel consumption.
What is climate change?
Climate change is the constant fluctuation of the earth's temperatures mainly above the average 2 Celsius temperature mark. There has been a constant increase in temperature levels at a rapid pace in the last 22 years and if future levels surpass 2C it is feared that this crisis will be irreversible.
The rise in the earth's temperatures are mainly caused by the increase of greenhouse gases (GHG) that traps the sun's rays in the earth's atmosphere.
What is climate change? A really simple guide (online image)-(2020) https://www.bbc.com/news/science-environment-24021772
Improving energy efficiency, innovating with new technologies, enacting sound government policies, replacing high GHG/polluting energy sources, and changing human behaviour patterns, are all essential solutions to address the threat of climate change. Energy demand will increase due to population growth and an increase in living standards in developing countries, but it is imperative to simultaneously tackle the issue of carbon intensity per capita and provide access to cleaner energy solutions around the world.
How would LNG impact climate change?
LNG (Liquified Natural Gas) is an odorless & non-toxic gas that is eco-friendly and safe to use since it produces low levels of carbon emissions especially when combusted in an efficient gas plant . LNG is also easier and safer to transport in it its liquid form since a significant amount of natural gas is condensed into liquid form then transported through tanks and pipelines.
LNG is mainly used to power businesses, households and vehicles.
With the growing concerns over global warming many organizations both private and public strove to modify their current practices and avert to more sustainable, eco-friendly practices. A change in the type of fuels used to power various businesses, etc. became a priority since the emission of greenhouse gases significantly contributed to the rise of global warming.
LNG does not emit harmful substances such as soot or fumes. Additionally it has lower percentages of harmful emissions when compared to other fuels and emits little to no Sulphur dioxide (SO2).
LNG is one of the best choices as globally everyone is looking for sustainable and competitive natural gas production as we are positioning ourselves as leaders on the way down. We agree we all need to play our part in reducing emissions and we're challenging ourselves to do better in how we operate today’s projects and develop tomorrow’s opportunities.
The LNG industry is set for continued, rapid expansion. As growing gas usage now outweighs the emissions benefits of reduced coal consumption, and renewables are increasingly competitive, the environmental and economic case for LNG is eroding.