Since the first sales of carbon-neutral LNG were announced in 2019, the LNG industry has been exploring ways of transitioning to a lower-carbon future. Terms including “carbon-neutral,” “reduced carbon” and “green LNG” have been used, but without a common understanding of what these terms mean, the costs involved, or the impact on decarbonization efforts. In their article, Rob Butler and Steven Miles discuss these questions and analyze the steps that can be taken to create a more transparent and accountable market for buyers and sellers of these LNG cargoes.
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