Semafor Net Zero: One Good Text
After winning a $20 billion contract with Google, Intersect Power wants to “create a whole new class of real estate.”
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External Publications with Robert Kleinberg • July 14, 2024
In support of a legally mandated public interest determination, a U.S. Department of Energy National Energy Technology Laboratory (NETL) life cycle analysis fou
In support of a legally mandated public interest determination, a U.S. Department of Energy National Energy Technology Laboratory (NETL) life cycle analysis found that use of U.S. liquefied natural gas (LNG) in European and Asian electric power plants results in lower overall greenhouse gas (GHG) emissions than if locally produced coal is used to fuel the power sector. An influential academic work came to the opposite conclusion. Examination of the technical details of both studies reveals that NETL selected methods and data that favor gas, while the academic report selected methods and data that favor coal. There is no implication that either study was driven by a desire to come to any predetermined conclusion. However, we find that, although they came to opposite conclusions, the two studies – and other recent studies of this issue – share methodological flaws that render them unreliable. This finding suggests that future life cycle analyses should be informed by the most sophisticated analytical tools available, including general circulation models of global average temperature increase. Moreover, assessments should not be restricted to the gas-coal duopoly but should include techno-economic studies of the roles renewable and decarbonized sources of energy can play in importing countries.
Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
Over the past few decades, liquified natural gas (LNG) trade has evolved from the initial point-to-point business model of the 1960s to become more flexible.
Calls to "Drill, baby drill" are back with Donald Trump's return to the White House, and for US natural gas production, the catchphrase might also be a necessity over the next three years if demand for the fuel grows as steeply as expected.
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External Publications with Robert Kleinberg • July 14, 2024