2 ms·
What I think the next selling point of fossil fuel is going to be LNG. I think LNG will be pitched as the lesser of evils. Coal plants will be used as a distrac
by ahmed_ds 5y ago
What I think the next selling point of fossil fuel is going to be LNG. I think LNG will be pitched as the lesser of evils. Coal plants will be used as a distraction and you will see everyone phasing out/down coal plants but every major country will eventually open up LNG terminals. Drilling gas from continental united states might not be viable but arctic drilling could be a viable plan.
healthy discussion disclaimer:
This information [1] kinda contradicts what I am saying but I studied petro engineering so I kinda have a bias. Also here is a wikipedia list that shows some European countries backing out of their LNG plans [2]. My theory hinges on the idea that, the moment arctic drilling gets traction we will see a radical shift on energy discussion. And if there is no immediate resolve to this conflict, arctic drilling will get pitched.
[1] https://qz.com/2025722/how-many-lng-import-export-terminals-are-being-built/ https://qz.com/2025722/how-many-lng-import-export-terminals-...
[2] https://en.wikipedia.org/wiki/List_of_LNG_terminals https://en.wikipedia.org/wiki/List_of_LNG_terminals