DeSmog
Jul 19, 2019 @ 11:08
Liquefied natural gas (LNG) is getting a lot of attention these days, with U.S. producers making major investments in the infrastructure to produce and export LNG to China and the rest of the world for the next several decades.
That’s despite LNG looking like a big bet that may not ever pay off.
A common question about the super-chilled, easier-to-ship form of natural gas is whether LNG will become “the next coal.” This is a reference to the U.S. coal market’s failure, in part due to climate concerns, but mainly because it can’t compete economically with other sources of electricity, including renewables.