Plans to expand natural gas infrastructure across Asia could prove harmful to the region as the world transitions from fossil fuels, according to a new report by environmental advocate Global Energy Monitor (GEM). GEM said the $379 billion of planned gas-fired power plants, natural gas pipelines and liquefied natural gas (LNG) terminals across Asia could…
Global Energy Monitor
Articles from Global Energy Monitor
Bleak Picture Painted for Increasingly ‘Expensive and Fragile’ LNG Projects
Liquefied natural gas (LNG) suppliers may cede valuable market share to renewables as project costs skyrocket and buyers become more concerned about emissions associated with the super-chilled fuel, according to the Global Energy Monitor (GEM). The nonprofit, which tracks energy projects around the world, in a recent report said North American suppliers are particularly vulnerable…
June 25, 2021