Liquefied natural gas developments on a collision course with Paris agreement, Global Energy Monitor says
US-based analysts are at odds with the Australian government on the liquefied natural gas industry’s contribution to the climate crisis. Photograph: Ray Strange/AAP
The booming liquefied natural gas (LNG) industry will play at least as big a role as new coal investments in bringing on a climate crisis if all planned projects go ahead, US-based energy analysts and campaigners say.
The report by the Global Energy Monitor appears at odds with comments by Australia’s emissions reduction minister, Angus Taylor, who has said the country could be proud that the rapidly expanding LNG export industry was displacing coal power overseas.
Government analysis identified LNG as the main reason Australia’s greenhouse gas emissions have risen each year since 2015, but the minister and industry say Australian gas deserves credit for lowering global emissions.