As the world shifts away from coal, the natural gas industry has been growing to secure its place in the energy mix. Across the value chain, we’re seeing obtained gas exploration licenses and announced additions of LNG supplies. Although investing in gas looks promising at first glance, the uncertainty of profitability drawn by methane emissions should call for a closer examination.
Myth of clean energy
Methane comprises roughly 70 to 90 percent of gas. The natural gas industry often claims that gas is “clean” because it emits 50 percent less carbon dioxide (CO2) than coal. However, this has recently been debunked, as when analyzing its full-lifecycle emission, methane is over 80 times more potent than CO2 across a 20-year period.
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