Proposed Appalachia-to-Southeast Pipelines Likely to Reduce Emissions
Author: Houston & Calgary
In the latest Validere Insights report, Validere’s Market Fundamentals Team finds that, despite facing public and political challenges to the natural gas industry’s climate benefits, proposed Appalachia-to-Southeast pipelines may provide tangible emissions reduction opportunities. "The burner-tip emissions benefits of ACP and MVP more than outweigh the methane emissions associated with their added gas production," says Amber McCullagh, Senior Advisor at Validere and an author on the report. "We estimate that MVP and ACP would reduce CO2-equivalent emissions by approximately 8 and 14 Mmt annually, respectively, the equivalent of taking approximately 1.7 million and 3 million cars off the road." Additionally, the team analyzes the likely full value chain methane emissions rate for Appalachian gas, using a synthesis of measurement-based national and regional studies to get the full picture of Appalachian producers and midstream operators’ impact on the environment. The report examines the market and environmental impacts of projects such as the canceled Atlantic Coast Pipeline (ACP) and delayed Mountain Valley Pipeline (MVP), and how they could reduce CO2-equivalent emissions as well as reduce the region’s reliance on coal.