Replacing natural gas will be hard [Gas in Transition]

Replacing natural gas will be hard [Gas in Transition]

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Natural Gas News
Replacing natural gas will be hard [Gas in Transition]

Summary

The bottom line is that natural gas is hard to replace and will have a key role to play in global energy consumption all the way to 2050 and likely beyond. [Gas in Transition, Volume 3, Issue 9] by: Charles Ellinas

Every international meeting, be it the G7, G20, BRICS, produces more pledges on climate and global warming and yet the world is as far from meeting Paris Agreement goals as ever. A good example is the G20 Declaration issued on September 10. It emphasised the need to “accelerate clean, sustainable, just, affordable and inclusive energy transitions,” but then also the need for food and energy security. It emphasised “the importance of maintaining uninterrupted flows of energy from various sources, suppliers and routes, exploring paths of enhanced energy security and market stability, including through inclusive investments to meet the growing energy demand, in line with our sustainable development and climate goals, while promoting open, competitive, non-discriminatory and free international energy markets.” The Declaration avoided setting goals for curbing use of fossil fuels, but it made a pledge to triple renewables capacity by 2030 and reiterated support for phasing down un...