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Drilled

Denial to Delay: The Great "Greening" of LNG

Jul 3, 2024
Exploring the manipulation of natural gas as a green energy solution, the role of lobbying groups, the ambitions of a young oil CEO in the LNG industry, deceptive greenwashing practices, and the divide in the US gas industry with shale companies competing against oil majors.
40:33

Podcast summary created with Snipd AI

Quick takeaways

  • The push to brand liquefied natural gas as 'green' is driven by North American producers for export terminals and lobbying efforts.
  • Monitoring and auditing emissions improvements in 'certified gas' are questioned for validity, revealing discrepancies in claims versus reality.

Deep dives

The Misleading Promotion of Natural Gas as a Green Energy Solution

The episode exposes a front group of North American natural gas producers constructing the narrative of natural gas as a green energy solution. This narrative is crucial for securing export terminals and lobbying efforts in the US and Europe. Toby Rice, CEO of EQT, positions himself as a proponent of making gas a sustainable business despite the industry's historical boom and bust cycles.

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