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‘Gold rush’ for gas production threatens to lock in global heating
(The Guardian, 8 Jun 2022) New dash for gas driven by energy disruption and rising prices spurns warnings to cease exploration to meet 1.5 heating limit.
Countries around the world are pouring funds into new natural gas facilities that could destroy the chances of limiting global heating, in response to soaring energy prices and the war in Ukraine.
Governments including the US, Germany, the UK and Canada are investing in new gas production, distribution and use as they seek to sanction Russia over the invasion of Ukraine, according to new research.
The findings, from the Climate Action Tracker research initiative, show a dash for gas under way that will lock countries into fossil fuel use at a crucial time, when scientists have warned that a decisive turn towards lower-carbon alternatives within the next few years is the only way to stave off climate breakdown.
Niklas Höhne, of NewClimate Institute, one of the partners behind the Climate Action Tracker, said: “We’re about to witness a ‘gold rush’ for new fossil gas production, pipelines and LNG [liquefied natural gas] facilities, locking us into another high-carbon decade.”
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The Guardian, 8 Jun 2022: ‘Gold rush’ for gas production threatens to lock in global heating
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