Outlook for Fossil Gas is “Bumpy”

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Outlook for Fossil Gas is “Bumpy”
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  • 📰 cleantechnica
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Wood Mackenzie’s recent press release highlights the difficulties that may lie ahead for the gas industry. As the preeminent global research and consultancy business powering the natural resources industry, Wood Mackenzie's voice is a voice

Wood Mackenzie’s recent press release highlights the difficulties that may lie ahead for the gas industrypowering the natural resources industry, Wood Mackenzie’s voice is a voice that should be heard.

The enthusiasm for carbon-offset LNG appears to be fading, partly because of high LNG prices, but also as a consequence of increased criticism of perceived “greenwashing” due to the low quality and costs of the offsets. As a result, the LNG industry is likely to turn its focus to CO2 reduction across the value chain.

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