The prospect of even hotter summers in future, resulting in wildfires of unprecedented scale and ferocity, will boost electricity demand as the need for cooling soars. (Pikabay)
This month, Global Gas Analytics provides its annual round-up of the key features it believes will shape the world gas market in the year ahead.
1. IPCC report and COP24 conference
Impact: Bearish for gas and LNG
A landmark report released this month by the UN Intergovernmental Panel on Climate Change (IPCC) has said urgent changes will be needed to reach the Paris agreement goal of limiting temperature rises to 1.5-2C. The world’s leading climate scientists say a 2C rise will cause far greater problems than...
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