A new WorleyParsons report states that gas plants can have higher emissions than even the worst coal plants, but under-estimates the problem by relying on misleading assumptions.
Understating the true level of coal seam gas (CSG) emissions will lead to massive gas fields being approved erroneously. It will also allow companies, including major clients of WorleyParsons, to avoid hundreds of millions of dollars through carbon liabilities that would need to be paid if emissions were properly accounted for.
"Deliberately failing to measure and ignoring potentially massive carbon liabilities is tax evasion" said Matthew Wright Executive Director of climate and energy security think-tank Beyond Zero Emissions.
This report illustrates the clear need for a comprehensive INDEPENDENT measurement and research of lifecycle emissions of gas. It is simply not adequate for government and investors to rely on research from companies with half a billion dollar contracts with oil and gas proponents, who would benefit enormously from underestimation of emissions.
WorleyParsons has a $500 million contract to develop an LNG field for QGC.