Gas Producer Group Backs Price On Carbon,But Not Methane

摘要

Major US gas producers broke with tradition last week to endorse a national carbon price,but they are prepared to go only so far when it comes to pushing a policy that could undercut the industry's bottom line.The Natural Gas Supply Association's (NGSA) announcement came amid a week of increasingly dire predictions about efforts aimed at decarbonization.Widespread coal-to-gas conversions in the US and EU have driven steep cuts in carbon dioxide emissions from fossil fuels,but as coal falls out of favor the focus increasingly turns to gas and oil as the culprits for rising emissions.