Accordi ng to the European Scientific Advisory Board on Climate Change, the EU needs to target a 90-95% reduction in greenhouse gas (GHG) emissions by 2040, compared with 1990. In most of the scenarios considered, imports of natural gas are largely eliminated by this time. [Gas in Transition, Volume 3, Issue 7]
In its Energy Outlook 2023, BP states that the upheaval caused by Russia’s invasion of Ukraine will push countries to pursue greater energy security over the next decade, with oil and gas consumption declining faster than predicted previously. [Gas in Transition, Volume 3, Issue 2]
Contrasting European hydrogen pathways: An analysis of differing approaches in key markets
Apr 24, 2021 11:15:am
Summary
by: OXFORD INSTITUTE FOR ENERGY STUDIES (OIES)
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Contrasting European hydrogen pathways: An analysis of differing approaches in key markets
The year 2020 will be remembered as the year when the Covid-19 pandemic swept the world, but it has also seen increasing momentum behind the urgency of tackling the longer-term global challenge of climate change, with more and more countries making pledges to achieve net-zero emissions. The UK and France started in mid-2019 with targets to achieve net-zero by 2050, but perhaps the most significant development in 2020 was the pledge by China to achieve net-zero by 2060.
Apr 20, 2021 7:00:am
Summary
by: William Powell
Among fossil fuels, natural gas is likely to see the biggest rise in demand this year relative to 2019, by 1%, the International Energy Agency (IEA) said in its April 20 report, Global Energy Review 2021. Demand is set to grow by 3.2% year on year in 2021, propelled by Asia, the Middle East and Russia. Last year it pushed ou.
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