The growing demand for natural gas may preventation to achieve zero emissions by 2050 and avoid a global catastrophe. As Reuters writes, in the report of the International Energy Agency (MEA) it is said that by 2024 the world will exceed the speaker consumption.
It is expected that gas demand in 2021 will increase by 3.6 percent due to the restoration of the global economy from the effects of coronavirus constraints. MEA believes that “he will continue to grow if governments will not accept tough measures to achieve zero emissions by the middle of the century.” According to forecasts, from 2022 to 2024, demand will rise by 1.7 percent per year and will become too high to fulfill the climate plan by 2050.
In May, Maa presented a plan for decarbonization of the energy sector and called on investors to refuse to finance new oil, gas and coal mining enterprises. According to the latest statement of the organization, to meet the increased demand will be sufficiently approved or developed to the project pandemic.
Analysts from Refinitiv Eikon believe that the demand jump triggered a strong heat in the northern hemisphere and the increased need for electricity for cooling. In this regard, global gas prices for the last month took off to perennial highs. For example, the basic price of gas in Europe in 2021 will amount to $ 9.5 (696 rubles) for a million British thermal units – most of all since 2013, and in Asia it will exceed the value of 2014 and amount to $ 11 per million British thermal units.
The report published here says that the gas industry should more actively reduce greenhouse gas emissions in order to achieve the goals of the Paris Agreement on the slowdown in global warming to 1.5 degrees Celsius. Insufficiently operational decarbonization will issue not only compliance with the contract signed by 190 countries, but also the future of the planet.