{"id":553088,"date":"2022-10-19T13:30:55","date_gmt":"2022-10-19T13:30:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/"},"modified":"2022-10-19T13:30:55","modified_gmt":"2022-10-19T13:30:55","slug":"climate-concerns-are-falling-down-everyones-priority-list","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/","title":{"rendered":"Climate concerns are falling down everyone\u2019s priority list"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>The market for low-carbon LNG is drying up:<\/strong> Europe\u2019s spiraling energy crisis is hindering efforts to reduce greenhouse gas emissions by producing and exporting liquefied natural gas (LNG), analysts tell <a href=\"https:\/\/www.reuters.com\/business\/energy\/global-natural-gas-crisis-dampens-momentum-cleaner-lng-2022-10-19\/\">Reuters<\/a>. The number of agreements for shipments of carbon neutral LNG around the world has dropped to less than 10 so far this year, down from 30 last year, according to energy research firm Wood Mackenzie. Sanctions and disruptions to the market since the start of the war in Ukraine have sent gas prices soaring over 25%. \u201cLower carbon or carbon neutral LNG cargoes have lost their appeal in the current high price environment,\u201d one expert said. \u201cEnergy security and affordability is at the front of mind for all buyers.\u201d<\/p>\n<p><strong>Rising prices have curtailed producers\u2019 ability to cover the costs of cutting emissions <\/strong>or buy carbon offsets, which can reach mns of USDs per shipment, the newswire writes. This means that exporters will find it difficult to take on the additional costs or find buyers to take them on in that environment, experts say \u2014 but this could change once markets calm down. \u201cAs this market evolves, we believe there will be long-term demand for certifiably cleaner natural gas products,\" a sustainability officer at a US driller said.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Climate is moving down people\u2019s priority list amid rising threats: <\/strong>Some 48.7% of 125k people across 121 countries are not concerned about climate change and are rather worried about immediate health and livelihood threats arising from COVID-19 and Russia\u2019s invasion of Ukraine, <a href=\"https:\/\/www.reuters.com\/business\/environment\/concern-about-climate-change-shrinks-globally-threat-grows-study-2022-10-19\/\">Reuters<\/a> reports, citing the Gallup World Risk Poll. Regions facing the most extreme ecological threats are among the least worried, with only 27.4% of those questioned in the Middle East and only 39.1% in South Asia reporting a concern about climate change. In China, the world\u2019s biggest polluter, only 20% are actively concerned about climate change.<\/p>\n<p><strong>But, how grave is the situation? <\/strong>Data from a separate study by the \u200b\u200bInstitute for Economics and Peace revealed some 750 mn people globally are suffering undernourishment, while 1.4 bn people in 83 countries are suffering some type of water stress with 2.8 mn lacking access to clean drinking water. Six to 9 mn deaths are caused by air pollution worldwide and it has cost the world USD 8.1 tn. Natural disasters cost the world USD 200 bn annually, up 400% from three decades ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market for low-carbon LNG is drying up: Europe\u2019s spiraling energy crisis is hindering efforts to reduce greenhouse gas emissions by producing and exporting liquefied natural gas (LNG), analysts tell Reuters. The number of agreements for shipments of carbon neutral LNG around the world has dropped to less than 10 so far this year, down [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":553089,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[147,633,638,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-climate-change","tag-enterprisepm","tag-for-your-commute","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"57eb81fa-8329-423e-83bc-cb3088c3230a","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/475.jpg","photo_position":"above","related_issue":[553084],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Climate concerns are falling down everyone\u2019s priority list - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate concerns are falling down everyone\u2019s priority list\" \/>\n<meta property=\"og:description\" content=\"The market for low-carbon LNG is drying up: Europe\u2019s spiraling energy crisis is hindering efforts to reduce greenhouse gas emissions by producing and exporting liquefied natural gas (LNG), analysts tell Reuters. The number of agreements for shipments of carbon neutral LNG around the world has dropped to less than 10 so far this year, down [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-19T13:30:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/475.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Climate concerns are falling down everyone\u2019s priority list\",\"datePublished\":\"2022-10-19T13:30:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/\"},\"wordCount\":387,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/475.jpg?fit=%2C&ssl=1\",\"keywords\":[\"climate change\",\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"oil and gas\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/climate-concerns-are-falling-down-everyones-priority-list\/\",\"name\":\"Climate concerns are falling down everyone\u2019s priority list - 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The decision to effectively hike fees for LNG carriers comes amid the global shortage of natural\u2026","rel":"","context":"In &quot;Suez Canal&quot;","block_context":{"text":"Suez Canal","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/suez-canal\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561042,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/23\/damietta-lng-plant-ships-first-cargo-to-europe\/","url_meta":{"origin":553088,"position":1},"title":"Damietta LNG plant ships first cargo to Europe","author":"enterpriseam admin","date":"23 March 2021","format":false,"excerpt":"The first Europe-bound LNG shipment from the Damietta liquefaction plant arrived in Belgium on Sunday \u2014 almost a month after the facility restarted operations and sent out trial shipments of gas following an eight-year hiatus, according to S&P Global. The cargo, which made its way out of the Damietta Port\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553868,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/egypt-becomes-a-key-lng-supplier-to-turkey\/","url_meta":{"origin":553088,"position":2},"title":"Egypt becomes a key LNG supplier to Turkey","author":"enterpriseam admin","date":"12 December 2021","format":false,"excerpt":"Egypt has emerged as one of Turkey\u2019s most important LNG suppliers so far in 4Q2021, shipping seven cargoes since the beginning of October, according to S&P Global Platts data. Turkish demand for gas is set to hit record levels this year due to rising consumption in the power sector.Turkish-Egyptian relations\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/294.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552561,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/13\/hoarding-lng-supplies-at-sea-ahead-of-a-cold-winter-googles-adtech-business-is-getting-served\/","url_meta":{"origin":553088,"position":3},"title":"Hoarding LNG supplies at sea ahead of a cold winter + Google\u2019s adtech business is getting served","author":"enterpriseam admin","date":"13 September 2022","format":false,"excerpt":"As shortages loom, energy traders are stockpiling LNG supplies at sea: Energy utilities and traders are hoarding extra liquefied natural gas (LNG) supplies on ships at sea to replace Russian pipeline gas this winter, according to Bloomberg. Many energy giants have not released their ships at the end of the\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/495.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545856,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/14\/egypt-to-increase-lng-exports-to-europe-with-eni\/","url_meta":{"origin":553088,"position":4},"title":"Egypt to increase LNG exports to Europe with Eni","author":"enterpriseam admin","date":"14 April 2022","format":false,"excerpt":"Eni signs agreement to supply more of our LNG to Italy, Europe: The Italian energy firm yesterday signed an agreement in Cairo with the state-owned Egyptian Natural Gas Holding Company (EGAS) designed to \u201cmaximize\u201d Egyptian LNG exports to Europe and boost Eni\u2019s gas production here, according to a cabinet statement.\u201cThe\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/242.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546890,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/01\/gas-export-revenues-double-january-april-2022\/","url_meta":{"origin":553088,"position":5},"title":"Gas export revenues double January-April 2022","author":"enterpriseam admin","date":"1 June 2022","format":false,"excerpt":"Our gas exports are riding the squeeze in energy markets: Gas export revenues almost doubled to USD 3.9 bn in the first four months of 2022, according to Oil Ministry data seen by Reuters.This is almost as much as we made in the whole of 2021: Gas receipts totalled almost\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553088"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553088\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/553084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/553089"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553088"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553088"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}