Transition Pathway Initiative (TPI) ’s Post

The climate scientists' recent Track 1 CCUS letter specifically highlights that UK produced gas is LESS POLUTING than LNG IMPORTS. Kellas' H2NORTHEAST project will use UK gas not imports. It would have been great if the letter had noted this type of point as the Transition is full of compromises and some of them are more beneficial to UK society and global emissions reductions than others are. The letter says: "given declining North Sea gas supplies it would lock the UK into increasing Liquified Natural Gas (LNG) imports... Even more concerning are the very high upstream emissions, from methane leaks, transport and processing, from LNG imported from the USA and other countries given increased imports of LNG which would be required..." UK gas production is certainly declining and should be allowed to do so as part of the Transition and in accordance with Climate Change Committee's UK gas demand data and upstream's Net Zero Transition Deal (provided that LNG SOURCE/DELIVERY EMISSIONS are INCLUDED in the related emissions calculations to ensure it's a level-ish playing field), but if we SLOW THAT DECLINE of UK GAS PRODUCTION a little and invest in, say, 6 TCF (c. 1 billion boe) of new UK gas production with its far lower source/delivery emissions (as the letter notes) then we could potentially reduce LNG imports (LNG probably has a place as a back-up to ensure homes remain heated over the next 15 to 20 winters) to the extent of taking the emissions equivalent of 10's of millions of cars off the road for over year, adding billions in tax revenues, creating c. 10,000+ good jobs and reducing UK trade deficit by $10's (or even $100's) of billions. This slower decline investment in UK gas would require ZERO GOVERNMENT SUBSIDIES and no new legislation by parliament, some of it is even oven/shovel ready ... so let's get on with it ... truly a win-win-win-win scenario (i.e. a "just transition"). Regarding HSE points, it is worth noting that Project Canary at the CATS gas terminal was a success for Kellas (no fugitive methane emissions) and that the highest safety standards are a must (CATS gas terminal is currently 21 years 'LTI' free ... but today and tomorrow are always the most critical days...) - HSE standards are yet another factor in support of UK gas over imports, as the Guardian article and letter highlight.

Happy to share a new paper I contributed to: an assessment of impact of Climate Finance on cost of production of synthetic methane produced from electricity (e-methane or SNG). My thanks to corresponding author and all other authors. https://lnkd.in/dcMUFvCa

Carbon capture, usage and storage (CCUS) has emerged in recent years as a viable way to tackle climate change and dramatically limit the impact of carbon emissions. This resource from the London School of Economics and Political Science outlines how the process works, its potential, and the implications of carbon usage. #CCUS #CarbonCapture #NetZero #OCTG

Study shows how climate policies affect oil and gas investment, revealing insights into how the industry reacts. Valuable info on what happens when rules change. 🌎🛢️ #ClimatePolicy #EnergyInvestment #oilandgasindustry https://lnkd.in/dZU9Si_F

[My opinion] Recent revelations indicate that wealthy countries, such as the United States and the United Kingdom, despite their climate commitments, are leading a fossil fuel expansion that could result in greenhouse gas emissions comparable to those of China. This situation is particularly alarming in light of the severe impacts of climate change we are already witnessing, including heatwaves, wildfires, and floods. My approach to tackling this issue involves applying advanced PPC principles to optimize planning and production processes in a sustainable manner. Rather than merely expanding fossil fuel exploration, it is crucial to reassess and realign production processes to be more efficient and less polluting. PPC can play a vital role in implementing cleaner production practices and integrating innovative technologies that reduce carbon footprints. A fundamental strategy would be to implement PPC systems that prioritize energy efficiency and waste minimization. Through detailed analysis and control of production processes, opportunities can be identified to reduce resource consumption and minimize emissions associated with energy production. Additionally, PPC can assist in optimizing the use of renewable resources and promoting the integration of clean technologies into the energy mix, aligning production with global climate goals. Furthermore, promoting transparency and accountability in the issuance of licenses for new oil and gas fields is essential. By applying rigorous PPC practices, we can ensure that operations comply with environmental and climate standards and continuously assess the environmental impact of activities. Collaborating with governments and companies to establish clear guidelines and ambitious targets is crucial to effectively directing efforts and ensuring a just and sustainable transition to a low-carbon economy. In summary, the role of PPC in efficient and sustainable production management is fundamental in addressing the challenges posed by the continued expansion of fossil fuel exploration. Through the application of advanced planning and control principles, we can not only reduce greenhouse gas emissions but also foster a more rapid and effective transition to cleaner and more sustainable energy sources. 🌍🔧⚙️🌱💡 #SustainableEnergy #ProductionPlanning #ProductionControl #EnergyEfficiency #ClimateChange #CleanEnergy #SustainableDevelopment #EnvironmentalManagement #TechnologicalInnovation #EmissionReduction #Sustainability #EnergyTransition #ChemicalEngineering #GreenTechnology #EnvironmentalResponsibility https://lnkd.in/dFWZVBaP

Thanks Anna Hancock, RenewEconomy and Pollination for this analysis. I wonder if someone can explain this interesting disclaimer in the Analytical Report that underpins the Federal Government's gas strategy this week - https://lnkd.in/gtDbAxiF "The views expressed in this report are those of the author(s) and do not necessarily reflect those of the Australian Government or the Department of Industry, Science and Resources." The Office of Chief Economist works for DISR, but the Government doesn't endorse them?? Maybe because the techno-economic analysis doesn't stand up scientific or external scrutiny? Certainly the Institute for Energy Economics and Financial Analysis (IEEFA) doesn't believe so - https://lnkd.in/gDajmCyU....

Wealthy Western Countries Lead in Global Oil and Gas Expansion: A surge in new oil and gas production in 2024 threatens to unleash nearly 12 billion tonnes of planet-heating emissions, with the world's wealthiest countries -- such as the US and the UK -- leading a stampede of fossil fuel expansion in spite of their climate commitments, new data reveals. From a report: The new oil and gas field licences forecast to be awarded across the world this year are on track to generate the highest level of emissions since those issued in 2018, as heatwaves, wildfires, drought and floods cause death and destruction globally, according to analysis of industry data by the International Institute for Sustainable Development (IISD). The 11.9bn tonnes of greenhouse gas emissions -- which is roughly the same as China's annual carbon pollution -- resulting over their lifetime from all current and upcoming oil and gas fields forecast to be licensed by the end of 2024 would be greater than the past four years combined. The projection includes licences awarded as of June 2024, as well as the oil and gas blocks open for bidding, under evaluation or planned. Meanwhile, fossil fuel firms are ploughing more money into developing new oil and gas sites than at any time since the 2015 Paris climate deal, when the world's governments agreed to take steps to cut emissions and curb global heating. The world's wealthiest countries are economically best placed -- and obliged under the Paris accords -- to lead the transition away from fossil fuels to cleaner energy sources. But these high-capacity countries with a low economic dependence on fossil fuels are spearheading the latest drilling frenzy despite dwindling easy-to-reach reserves, handing out 825 new licences in 2023, the largest number since records began. Read more of this story at Slashdot.

A surge in new oil and gas exploration in 2024 threatens to unleash nearly 12 billion metric tons of planet-heating emissions, with the world’s wealthiest countries, such as the US and the UK, leading a stampede of fossil fuel expansion in spite of their climate commitments, new data shared exclusively with the Guardian reveals. The new oil and gas field licenses forecast to be awarded across the world this year are on track to generate the highest level of emissions since those issued in 2018, as heatwaves, wildfires, droughts, and floods cause death and destruction globally, according to an analysis of industry data by the International Institute for Sustainable Development (IISD). The 11.9 billion metric tons of greenhouse gas emissions, which is roughly the same as China’s annual carbon pollution, resulting over their lifetime from all current and upcoming oil and gas fields forecast to be licensed by the end of 2024 would be greater than the past four years combined. The projection includes licenses awarded as of June 2024, as well as the oil and gas blocks open for bidding, under evaluation, or planned. Meanwhile, fossil fuel firms are ploughing more money into developing new oil and gas sites than at any time since the 2015 Paris climate deal, when the world’s governments agreed to take steps to cut emissions and curb global warming. The world’s wealthiest countries are economically best placed—and obliged under the Paris accords—to lead the transition away from fossil fuels to cleaner energy sources. But these high-capacity countries with a low economic dependence on fossil fuels are spearheading the latest drilling frenzy despite dwindling easy-to-reach reserves, handing out 825 new licenses in 2023, the largest number since records began.

Wealthy Western Countries Lead in Global Oil and Gas Expansion: A surge in new oil and gas production in 2024 threatens to unleash nearly 12 billion tonnes of planet-heating emissions, with the world's wealthiest countries -- such as the US and the UK -- leading a stampede of fossil fuel expansion in spite of their climate commitments, new data reveals. From a report: The new oil and gas field licences forecast to be awarded across the world this year are on track to generate the highest level of emissions since those issued in 2018, as heatwaves, wildfires, drought and floods cause death and destruction globally, according to analysis of industry data by the International Institute for Sustainable Development (IISD). The 11.9bn tonnes of greenhouse gas emissions -- which is roughly the same as China's annual carbon pollution -- resulting over their lifetime from all current and upcoming oil and gas fields forecast to be licensed by the end of 2024 would be greater than the past four years combined. The projection includes licences awarded as of June 2024, as well as the oil and gas blocks open for bidding, under evaluation or planned. Meanwhile, fossil fuel firms are ploughing more money into developing new oil and gas sites than at any time since the 2015 Paris climate deal, when the world's governments agreed to take steps to cut emissions and curb global heating. The world's wealthiest countries are economically best placed -- and obliged under the Paris accords -- to lead the transition away from fossil fuels to cleaner energy sources. But these high-capacity countries with a low economic dependence on fossil fuels are spearheading the latest drilling frenzy despite dwindling easy-to-reach reserves, handing out 825 new licences in 2023, the largest number since records began. Read more of this story at Slashdot.

Wealthy Western Countries Lead in Global Oil and Gas Expansion: A surge in new oil and gas production in 2024 threatens to unleash nearly 12 billion tonnes of planet-heating emissions, with the world's wealthiest countries -- such as the US and the UK -- leading a stampede of fossil fuel expansion in spite of their climate commitments, new data reveals. From a report: The new oil and gas field licences forecast to be awarded across the world this year are on track to generate the highest level of emissions since those issued in 2018, as heatwaves, wildfires, drought and floods cause death and destruction globally, according to analysis of industry data by the International Institute for Sustainable Development (IISD). The 11.9bn tonnes of greenhouse gas emissions -- which is roughly the same as China's annual carbon pollution -- resulting over their lifetime from all current and upcoming oil and gas fields forecast to be licensed by the end of 2024 would be greater than the past four years combined. The projection includes licences awarded as of June 2024, as well as the oil and gas blocks open for bidding, under evaluation or planned. Meanwhile, fossil fuel firms are ploughing more money into developing new oil and gas sites than at any time since the 2015 Paris climate deal, when the world's governments agreed to take steps to cut emissions and curb global heating. The world's wealthiest countries are economically best placed -- and obliged under the Paris accords -- to lead the transition away from fossil fuels to cleaner energy sources. But these high-capacity countries with a low economic dependence on fossil fuels are spearheading the latest drilling frenzy despite dwindling easy-to-reach reserves, handing out 825 new licences in 2023, the largest number since records began. Read more of this story at Slashdot.