this post was submitted on 17 Oct 2023
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I don't understand why this is. Why?
My understanding currently is that Methane, when burned, isn't very polluting. But Methane leaking from unwatched rigs is super polluting. Sci American on Methane Leaks
Natural Gas is mostly Methane. So what's the difference that makes this worse than shipping LNG? -- because building infrastructure for it provides a wedge for gas companies to keep pumping well after the conflict is over. It "locks us in."
Finally, what's the proposed alternative? Sounds like Europe is facing this dangerous energy supply shortage thanks to the Russia Ukraine War, (this is what the gas companies want us to think) and short of installing heat pumps in hundreds of millions of homes, buildings, and districts in the past year, Europeans are gonna be burning natural gas to stay safely warm this winter.
European Winter Estimates
All European Countries Aggressively Installing Heat Pumps
Bloomberg: Europe Supply Heat Pumps for War
Bloomberg: New German LNG Terminal
-- So how does CP2 work? Who receives this US-Supplied methane and how?
This is scheduled to open in 2026. Right now Russia cut gas to the EU a year ago and gas storage in the EU is full again. With other redcution preparations, such as more heat pumps being installed in the EU and more LNG import terminals this means the EU is absolutly fine concering gas. Unless something big unforseen happens this winter that is. However every country in Europe is cutting down on gas consumption and has passed laws to that effect and the EU did as well. So over time EU gas consumption is going to go down even further. 2026 is just to late to do any good for Europe.
OMG. Well, that clears it up. This whole CP2 thing is such bullshit. 😂