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Why is the Coal-to-Gas Transition a Boon for LNG, CVX & SHEL?
LNGCheniere(LNG) ZACKS·2024-11-22 20:46

The transition from coal to natural gas is a significant part of global efforts to address climate change. Natural gas is often considered a "transition fuel" because it emits less carbon dioxide than coal. It complements renewable energy sources by providing a reliable backup when wind or solar generation is inconsistent. With liquefied natural gas (LNG) enabling global transportation of natural gas and ensuring its availability across markets, companies like Cheniere Energy Inc. (LNG) , Chevron Corporatio ...