What would a $40 carbon price do to the Liquid Natural Gas industry? Start by considering oil and gas major Exxon. Why? Exxon’s has supported carbon pricing -- at least theoretically -- by donating $1 million to Americans for Carbon Dividends, the political action committee of the Climate Leadership Council (CLC). This It begs the question: what impact for Exxon, the world’s largest oil company? Exxon owns or has a financial interest in 65 million tonnes per year of LNG liquefaction capacity. That’s about 18% of the LNG industry’s worldwide capacity of 369 million tonnes. Regasified and combusted, those 65 million tonnes of LNG can generate the equivalent of about 940 million megawatt-hours (or 940 Twh) of electricity, or about four percent of global electricity … [Read More...] about Exxon’s $40 Carbon Price: What Impact LNG?