Guesswork magically turns fossil fuel into so-called “carbon-neutral” natural gas
08/24/2021 / By Nolan Barton
A team of junior traders at TotalEnergies SE orchestrated the company’s first shipment of “carbon-neutral” natural gas in September last year with a little help from Google and a lot of guesswork.
Carbon-neutral natural gas is the greenest-possible designation for fossil fuel and an important step in making the French energy giant’s core product more palatable in a world that is increasingly becoming emissions-conscious.
According to an insider with knowledge of the deal, Total’s team only started to figure out how to neutralize the emissions contained in a hulking tanker full of liquified natural gas (LNG) after getting the go-ahead from its buyer – China National Offshore Oil Corp. (CNOOC).
The team’s first step was to search the Internet for worthy environmental projects that might offset the pollution. Total needed to find green projects that could generate carbon credits backed by an international organization without costing too much.
https://www.environ.news/2021-08-24-fossil-fuel-becomes-carbon-neutral-natural-gas.html
