Carbon Risk

Carbon Risk

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Carbon Risk
Carbon Risk
Carbon neutral LNG faces its toughest test yet

Carbon neutral LNG faces its toughest test yet

Peter Sainsbury's avatar
Peter Sainsbury
Apr 01, 2022
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Carbon Risk
Carbon Risk
Carbon neutral LNG faces its toughest test yet
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Japan’s top business newspaper, The Nikkei published an article this week detailing the results of its investigation into ‘carbon neutral’ LNG. The article suggests that many of the claims around carbon neutral LNG are false, with offsets often originating from carbon projects where environmental benefits have been significantly inflated.

This is important as it could be pivotal point in the development of carbon neutral commodities more broadly, not only the growth in carbon neutral LNG. If carbon neutral LNG is seen as mere ‘greenwashing’ then it may stunt development in the sector. Carbon neutral LNG has been one of the fastest growing sources of demand for carbon credits.

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