Natural gas can play a critical role against climate change as it helps enable the transition to cleaner energy sources given its lower emissions and lower sulfur content compared to higher-polluting fossil fuels. It has the potential to displace coal and other fuels with higher GHG emissions profiles, while still maintaining the safety and reliability necessary to support economic development.
Additionally, we are exploring new options within our LNG and Net-Zero Solutions business line that include: the development of the Hackberry Carbon Sequestration project to capture and sequester carbon in our LNG operations; the introduction of techniques for the reduction of venting and leaking in our operations; and the use of hydrogen as part of the fuel mix to help reduce emissions.
We contribute to reducing significant amounts of GHG emissions by displacing emission-intensive fuels with natural gas, and we use our distribution and transportation assets to deliver that lower-emission fuel to the customers and markets that need it mostly in North America. Our cross-border positioning and interconnection potential allows us to help meet the energy needs of the North American market and other parts of the world.
Through our operating solar and wind assets, we generate renewable electricity, free of GHG emissions, while helping to meet the demand for clean, safe, and affordable energy in North America. The construction of renewable energy infrastructure requires energy storage projects to complement production, which is one of the reasons why we are developing what could be the largest battery energy storage project in Mexico to supply the energy demand during peak hours.
Cameron LNG is a natural gas liquefaction and export facility located in Hackberry, Louisiana, which became fully operational in August of 2020. Since then, it has become a benchmark in environmental and safety practices.
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