Message From the Editor
Nearly two dozen major liquefied natural gas (LNG) projects around the world are struggling to move forward, a new report reveals, as investors grow skittish from poor economics and increasing scrutiny on the industry’s large carbon footprint. “LNG was sold to policymakers and to investors as a safe, clean, secure bet,” said Lydia Plante, lead author of the report. “Now all those attributes have turned into liabilities.” Nick Cunningham reports.
Meanwhile, the tide is turning against Louisiana’s proposed $2 billion Mississippi River sediment diversion project that supporters say is needed to save the coast from rapid land loss. A growing number of the project’s opponents see it as a risky, expensive experiment that, rather than creating the meaningful coastal restoration, will degrade the country’s most productive estuary, harming dolphin populations and the region’s fishing industry. Julie Dermansky takes a look.
Finally, new analysis reveals that leaking methane from oil and gas infrastructure is widespread across the European continent. More than 60 percent of the sites analyzed by researchers using state-of-the-art technology were releasing large volumes of methane – a powerful greenhouse gas – into the atmosphere. This is the first large investigation of methane leakage from oil and gas sites in Europe. Read more here.
Have a story tip or feedback? Get in touch: editor@desmogblog.com.
Thanks,
Brendan DeMelle
Executive Director
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