LNG shipping capacity growth risks climate and financial failure, warns report

Stand.earth on groundbreaking SFOC analysis: 12 billion metric tonnes of pollution enabled by LNG tankers - Stand.earth

Unceded Coast Salish Territories (VANCOUVER, BC) –  Environmental organizations Solutions for Our Climate (SFOC) released a groundbreaking analysis “No Room for More: Why LNG Carriers Are a Climate and Financial Risk” by Zevero revealing that LNG tankers are enabling catastrophic pollution levels. “This analysis removes any doubt about the inherent harm of LNG tankers,” said Anna Barford, Oceans Campaigner with Stand.earth. “The expansion of fos…

LNG shipping capacity growth risks climate and financial failure, warns report

Massive over-ordering of LNG carriers is endangering climate goals while the excess of capacity could lead to stranded assets for operators as demand for the fossil fuel wanes, according to a new report.