Japan’s ‘Carbon Neutral’ LNG Shipments May Not Offset Emissions
- Inpex says cargoes use carbon credits from conservation work
- But offsets based on avoided emissions have been criticized
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Japan’s natural gas industry is making controversial claims about the fuel to make it more appealing to climate-conscious buyers.
Tokyo-based Inpex Corp. this month said it sold two “carbon neutral” liquefied natural gas shipments to Shizuoka Gas Co. and Toho Gas Co., offsetting the fuel’s lifetime emissions using credits from projects that include forest conservation in Indonesia. Those credits would offset more than 450,000 tons of carbon-dioxide emissions from the two shipments, covering the entire value chain from production to combustion, according to spokespeople at Shizuoka Gas and Toho Gas.