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EU reviewing the classification of NG as "green"

Posted: Wed Jan 05, 2022 2:17 pm
by farrell90
EU discusses classifying natural gas as green with some conditions and controversy.

"Natural gas investments can be counted as green until at least 2030 if their carbon emissions are under a fixed threshold, which is estimated to mean it will produce no significant environmental harm"

If this is accepted it should be a boost to US natural gas companies as well as liquid natural gas facilities.

https://www.wsj.com/articles/new-eu-rul ... 1641224818

https://www.reuters.com/markets/commodi ... 022-01-01/

Farrell