Pacific Environment

08/07/2024 | News release | Distributed by Public on 08/08/2024 14:38

Champion the Beyond Methane Pledge

The Say No to LNG campaign, an international shipping coalition, launched the "Beyond Methane Pledge," calling on industry leaders to end LNG and other methane-based fuels. The pledge calls upon key industry leaders, including ship owners, cargo owners, ports, cities, policymakers, energy producers, suppliers/utilities, transporters, and financial institutions, to take decisive action by committing to a sustainable energy future free from the dangers of methane.

LNG, and other methane-based fuels such as bio-methane and e-methane, are primarily composed of methane - an extremely powerful greenhouse gas with 80 times more global warming potential than carbon dioxide in the short-term. Methane leaks throughout supply chains and poses significant risks to the climate, environment, and public health.

The Beyond Methane Pledge calls on signatories to demonstrate their commitment to a sustainable future by taking immediate and concrete steps:

  • Halt Expansion: Stop any plans or activities that would expand the use of LNG and other methane-based fuels, immediately and no later than 2025. This includes halting the construction of new infrastructure, and ceasing additional financial investments in projects.
  • Phase Out Use: A complete phase-out of LNG and other methane-based fuels by 2030, including direct use as a fuel, and any activities that enable use by others (such as financing, bunkering, and transporting).
  • Promote Transparency: Use language that accurately reflects the climate impact of methane and the full lifecycle emissions of LNG and other methane-based fuels. This includes acknowledging the 20-year global warming potential of methane, which is over 80 times more potent than carbon dioxide, and the well-to-wake detrimental social, health, environmental, and climate impacts of LNG and methane throughout their lifecycle.

Join Pacific Environment and the Say No to LNG coalition today in taking the pledge!

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