The Edge
Can emissions taxes decarbonise the LNG industry?
The LNG industry is facing growing pressure to decarbonise. But this can't be achieved without major investment, pushing up the price of delivered LNG. Buyers have so far been reluctant to pay a premium for low-carbon volumes.
Taxing LNG emissions could change this. Europe is leading the way, with the EU taxing the fuel emissions of LNG vessels from this year.
While an important first step, much more is required for the industry to decarbonise at scale.
