[The Independent] Fracking has led to a US gas surplus, which it is now increasingly exporting around the world after turning it into liquid natural gas (LNG). Last year alone, the report says, 23 new LNG gas-processing and compressing facilities were proposed or permitted across the United States. Once operating, these would emit the equivalent of 47 million tons a year of carbon dioxide, a 34 per cent jump over releases from the entire industry in 2014.
Simultaneously, new supplies of shale oil from fracking are also causing an increase in refining petroleum. Seven new refineries were proposed or permitted in the US last year, which would release another 5.4 million tons a year, when running.
The report – “Greenhouse Gases from a Growing Petrochemical Industry” – adds that the cheapness of shale gas is encouraging other energy-intensive industries to expand. Seven new fertiliser industry projects are scheduled to emit another 15.8 million tons of carbon dioxide equivalent, and seven new chemical plants would add another 17.6 million tons.
In total, the almost 86 million tons a year emitted by all these plants, when and if they are in operation, would be equivalent to the climate-changing pollution from 19 coal-fired power plants, the report concludes…