Energy security concerns triggered a natural gas boom, a new report released at the UN climate talks found, which would 'catastrophically hinder' chances of meeting global climate goals.
“This reaction to the energy crisis is an over reach that must be scaled back,” the report says.
About 70% of the planned new gas production facilities are in North America, Hare said. Europe, which needs the gas but doesn’t have it, is investing in receiving systems. The tracker report said if everything is built up there will either be too much carbon pollution or stranded energy assets that won’t be used.
Former Vice President Al Gore, who has been a climate activist for more than 30 years, said decades ago he and others called natural gas a bridge to the future because it was helping wean American and elsewhere off far dirtier coal. But not now.“Now I believe it’s a classic bridge to nowhere,” Gore told The Associated Press in a 30-minute interview at the international climate summit in Egypt.
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