Natural gas emissions will blow Europe’s carbon budget at current levels
Governments have drastically underestimated #methane emissions from natural gas and will miss the Paris agreement’s goal of limiting global warming to 2C unless they urgently scale down its use, a major new study has found.
[...] Far from phasing out natural gas ventures though, the EU appears to be accelerating them in a new “projects of common interest” (PCI) list for gas infrastructure.
After 77 gas projects were approved in the last PCI round, the latest slate (pdf) could potentially approve more than 100 gas ventures for public funding and fast-tracked planning approval, according to analysis by Friends of the Earth Europe (FoEE).
[...] In 2016, Europe’s gas industry spent more than €100m (£89m) and employed more than 1,000 lobbyists in an effort to promote gas as a relatively clean fossil fuel, according to a report published last week.