IEA: U.S. Producers Can Drive Emissions Reductions for Global LNG Industry

IEA: U.S. Producers Can Drive Emissions Reductions for Global LNG Industry

The global LNG industry can achieve a 60 percent reduction in greenhouse gas (GHG) emissions with existing technologies and $100 billion in investments, according to a new International Energy Agency (IEA) report. With global LNG production expected to reach nearly 300 billion cubic meters by 2030, the IEA explained that expanded investments in methane abatement, electrification, carbon capture and storage (CCS), and reduced flaring can support …