A larger than previously thought share of the world’s hydrocarbons cannot be produced if the world is able to control warming to only 1.5 degrees Celsius.
By Institute for Energy Economics and Financial Analysis (IEEFA)
The race to develop liquified natural gas (LNG) import facilities in the Philippines has gone from a marathon to a sprint but potential LNG investors must proceed at their own risk, due to high regulatory and financial uncertainty, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Natural gas is falling out of favor with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell.