First Nations Climate Initiative wants to use LNG to help decarbonize Asian economies, but can LNG's methane emissions be curbed?
The First Nations Climate Initiative believes it has found connections through the recent COP29 climate conference that further its goal of economic development while reducing harmful emissions from the use of liquefied natural gas.
In 2023, Robert Johnston, independent research advisor to FNCI and research director of the Center on Global Energy Policy, wrote a report that identified ways in which Canadian resources could contribute to decarbonization in Asia. Johnston was also part of the delegation. Vancouver-based Ekona Power is developing a methane pyrolysis reactor at its test facility in Burnaby. Operational testing is set for 2025 and it is expected to be commercially ready by 2026. One of Ekona's investors is Mitsui & Co., a Japanese global investment and trading company.
"We put a lot of effort in Canada into managing methane emissions. We've made progress so we don't have what is called 'fugitive methane'," Grzybowski said.Canada was the ninth-highest emitter of methane coming from the oil and gas industry in 2023. However, it is trending in the right direction as methane emissions have steadily gone down since 2005 by a rate of 7.1 per cent.
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