This is my analysis on the upcoming Glasgow Climate Change Conference (CoP 26) in November 2021.  I suggest a wish list of key changes in international climate change policy I would like to see, including carbon border taxes and international carbon markets.  I then explain why these are necessary to help decarbonise the energy markets of the world’s largest emitters (China) and emerging emitters (India).  Then I look at LNG (liquified natural gas) as a key enabler of decarbonising electricity markets.  Then I show how these policies (carbon border taxes and international carbon markets) would impact US gas producers, with a worked example on the value impact on one (Southwestern Energy, NYSE: SWN) and finally why NZ should also embrace these policies.

http://www.nwcl.co.nz/wp-content/uploads/2021/07/My-Wish-List-for-Glasgow.pdf

 

This is my analysis on the upcoming Glasgow Climate Change Conference (CoP 26) in November 2021.
In this article I look at how carbon border taxes and international carbon markets will be necessary to incentivise China and India to decarbonise their electricity markets.  Then I look at how LNG is needed to help them decarbonise because it is the lowest cost and lowest carbon way of providing seasonal back up for renewables.  Then I look at the impact on the resulting rise in world LNG trade on the value of US gas and a worked example for one producer (Southwestern Energy (NYSE:SWN)).  Finally I show why New Zealand should support carbon border taxes and international carbon markets.