‘Cleaner’ fuel or climate villain? Natural gas taking heat at COP27 summit - National | Globalnews.ca

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‘Cleaner’ fuel or climate villain? Natural gas taking heat at COP27 summit - National | Globalnews.ca
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‘Cleaner’ fuel or climate villain? Natural gas taking heat at COP27 summit

But natural gas – once seen as a low-emitting fuel able to act as a stopgap until more renewable sources of energy could be developed – has been taking heat at this year’s U.N. COP27 climate summit in Sharm el-Sheikh, Egypt.“It’s the right time to clear the air on natural gas,” said Binnu Jeyakumar, clean electricity director for clean energy think-tank the Pembina Institute, in an interview from the COP27 climate summit, which she is attending this week.

In Sharm el-Sheikh, both Canada and the U.S. pledged to take further steps to reduce methane emissions, with Canada stating it aims to eliminate 75 per cent of methane emissions from the oil and gas sector compared with 2005 levels by 2030.But David Hughes, president of energy consultancy Global Sustainability Research Inc., said even without any LNG exports, Canada will be hard-pressed to meet its climate targets.

“The minute you say you are going to decarbonize, you can demonize natural gas,” McConaghy said in an interview. “But the cost of trying to do this has almost gone without consideration.”McConaghy said he believes a balanced approach that mitigates the worst effects of climate change while still strategically using natural gas to maximize human well-being is the answer.

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