A gas-fired transitionThe Australian Petroleum Production and...

A gas-fired transition

The Australian Petroleum Production and Exploration Association (APPEA) said that new technology and natural gas are part of the solution to reducing emissions.

APPEA Deputy Chief Executive, Damian Dwyer, said global action is needed to reduce emissions in major emission-intensive economies.

“Natural gas has only half the greenhouse gas emissions of coal when used to generate electricity,” Mr Dwyer said.

“By replacing higher-emitting fuels with cleaner natural gas we can substantially reduce emissions.

“Natural gas has a critical role to play in reducing emissions in our energy system. It is the perfect partner to renewable energy. When the sun doesn’t shine or the wind doesn’t blow, we can rely on natural gas to provide stable power for our homes and businesses.

“The Australian Government estimates that our exports of LNG have the potential to lower emissions in LNG-importing countries by around 170 Mt CO2-e by providing an alternative to higher emissions fuels — the equivalent of almost one-third of Australia’s total annual emissions. 

“The Australian oil and gas industry has a key role to play in a cleaner energy future, both in Australia and globally.

“The industry is also leading development of climate change technologies like carbon capture and storage (CCS) and hydrogen.

“CCS projects are already removing around 40 million tonnes of CO2-e every year.”

https://www.energymagazine.com.au/ipcc-report-urges-change-to-our-energy-future/