Opinion / #natural gas
Investors risk pouring billions into what could soon become stranded assets in countries such as the Philippines. Liquified natural gas is not the future – it’s a financial trap.
Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy.
Bullish gas plans ignore the financial challenges of infrastructure development, renewable energy potential in the region and climate policy restrictions.
Australia’s gas future must involve energy security and climate security. The new government strategy fails to strike this balance.
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25 十月 2023
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碳与气候
Net zero is not zero
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