[Editor's note: A version of this story appears in the October 2021 issue of Oil and Gas Investor magazine.]
Responsibly sourced gas (RSG) producers are seeing an uplift in price per thousand cubic feet where they’ve negotiated contracts directly with the buyer, particularly gas utilities. Otherwise, there isn’t a publicly posted price, such as a “Green Henry Hub” futures contract or a “Carbon-Neutral NYC Gate.”
“And the reason for that is because this business is new,” Toby Rice, EQT Corp. president and CEO, said. “The value of RSG is still getting sorted out.”
Eventually, one will likely come. “Producers will be able to get a premium based on the carbon efficiency of your gas versus your run-of-the-mill, non-certified natural gas,” he said.