Future of gas hinges on political will

The future of world gas demand is dependent on political will to combat climate change, and it is up to the gas industry to convince policymakers to make it happen
By The Wildcat 27 January 2017
A drilling rig in the Khazzan gas field in Oman. (BP plc)

Global gas demand is dependent on a Goldilocks situation of just enough action on climate change to encourage the use of gas over coal and oil, but not enough for companies to leapfrog gas and switch straight to renewables, Spencer Dale, BP’s chief economist, said at the launch of the company’s Energy Outlook 2017 on Wednesday.

Future demand is therefore highly reliant on the industry selling its vision of gas as a clean ‘bridging fuel’ to policymakers and ensuring they get the balance right....

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