|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tue, 2nd Feb 2021 5:12:00 |
|
Australia's proposed gas pipelines would generate emissions equivalent to 33 coal-fired power plants |
Australia has $56bn worth of gas pipelines in development that, if all built, would be expected to allow pumping of greenhouse gases equivalent to 33 coal-fired power stations, an analysis has found.
The report by the Global Energy Monitor, an anti-fossil fuel research group based in San Francisco, said there are more than US$1tn ($1.3tn) in oil and gas pipeline projects on the books globally.
It said if they go ahead they would threaten the goals of the Paris climate agreement, undermine the pledges by most of the world’s major economies to be carbon neutral by mid-century and could lead to billions of dollars in stranded assets as countries move towards net zero emissions.
Australia ranks fifth on a list of countries planning new pipelines, behind China, the US, India and Russia, with nearly 8,500km at pre-construction stage.
Read original full article
|
| |
|
|
Back to Featured Articles
|
|
|
|
|
|
|
|
|
|
|
|
Energy News
|
|
| |
| |
