• Gustavo Bernal Torres

Europe's Battle Over "Green" Natural Gas

Russia's unprovoked invasion of Ukraine has set off a scramble in Europe to secure natural gas supplies ahead of next winter and for many years to come, with planning underway to build more than a dozen new liquefied natural gas (LNG) terminals.

  • Gas-fueled power plants will need to meet certain emissions criteria in order to be referred to as sustainable investments and need to switch to low-carbon gases by 2035. The EU still aims to cut its greenhouse gas emissions by "at least 55%" by 2030, and be carbon neutral by 2050.

  • A major concern for those seeking to meet the Paris climate targets and limit human-caused global warming is new fossil fuel infrastructure that can be used for decades, unless such installations could be converted to using or producing renewable energy.

Source: https://www.axios.com/2022/07/07/europe-natural-gas-climate-friendly-russia


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