443 private links
At the 29th Conference of the Parties (COP29) in Azerbaijan, attendees are full of dire predictions that the world’s climate will worsen under President-elect Trump. But when Trump fulfills his campaign promises to increase U.S. oil and gas production and removes President Biden’s pause on new liquid natural gas exports, global emissions will likely decline rather than rise.
This is because exports of U.S. natural gas generally displace coal, reducing global CO2 emissions. Even Germany, Europe’s largest manufacturer, is using lignite coal (rather than the less-polluting bituminous coal) to deal with shortages of renewables now that it has closed its nuclear power plants and Russian gas is no longer available.
About 3 billion people in emerging economies lack electricity and running water, and cook over wood and dung. Natural gas power plants would reduce particulates from wood and dung and make the air cleaner. Under President Biden, the World Bank does not make loans for fossil fuel power plants. //
a dramatic increase in American oil and gas production will have a significant effect on prices - even gas we don't export, as these are fungible commodities. And that will make the use of gas-fired power plants more practical, which will incentivize gas rather than coal plants, and will reduce emissions. That's what the climate scolds want, right?
But American exports of coal to Europe have been increasing under President Biden.