Article

An analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) reveals that European gas pipeline operators are underreporting their CO2 emissions, disclosing less than one percent of actual emissions, which are estimated to be 150 times greater. The study highlights six major companies controlling extensive pipeline networks and LNG terminals, with total emissions approximating 700 million tons of CO2 per year, equivalent to Germany's total emissions. The IEEFA calls for improved transparency and regulatory guidelines on Scope 3 emissions reporting to better inform stakeholders of the operators' climate impact.