Wednesday, July 11, 2018

LNG

Over the past few years fracking has increased the amount of natural gas to where the US has become a net exporter. Much of this is going to Mexico and there the coal fired power plants are converting to natural gas and Mexico is now reducing CO2 emissions. The US has been doing this for years and now has the lowest CO2 emissions in 20 years. The US is building plants to liquefy natural gas for shipment overseas. Several European countries have built facilities to receive liquefied gas and this will help reduce their CO2 emissions. This also helps them become less dependent on gas from Russia. This increased production along with the building of liquefying plants will have a profound effect on energy use while reducing the amount of CO2 world wide.

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