A closer look at the greenhouse gas footprint of blue ammonia reveals that it is not a ‘low-carbon product’ at all. Its production can emit three times more greenhouse gases than diesel, and two-and-a-half times more than coal or natural gas.
This high number mainly comes from methane leakage in the production process, compounded by inefficiencies in converting hydrogen into ammonia and back. Besides, ADNOC uses the CO₂ it captures to pump more oil in a process called enhanced oil recovery (EOR).
Now why would the CEO of Abu Dhabi’s National Oil Company misrepresent this?
I don’t know, but I sure am glad that Abu Dhabi’s National Oil Company will be able to sell its new highly highly profitable and capital intensive product forever with absolutely no downsides.
Is this a joke?
I’m not sure what “this” is but the answer is probably “yes”.