Mmastodon EnvironmentEnergy first seen 1 d ago, last 1 h ago, peak #1
Asia's gas boom forecast clashes with renewables push
Original: Asia’s fossil gas growth fantasy is falling apart. Shell says it expects South and Southeast Asia to take more than two-
Shell projects that South and Southeast Asia will account for more than two-thirds of the world's additional LNG demand by mid-century, but countries in the region are charting a different course. Thailand's draft power plan, for example, would raise renewables from 20% to 50% of its electricity mix, undercutting expectations of a long gas-led expansion.
Why now: A major oil and gas company's demand forecast is being contradicted by the region's own shift toward renewable energy policies.
ShellThailandSouth AsiaSoutheast AsiaLNG
Rank over time, top of the chart is #1. 18 snapshots from 23 h ago to 1 h ago.
Evidence
- Asia’s fossil gas growth fantasy is falling apart. Shell says it expects South and Southeast Asia to take more than two-thirds of the world’s extra LNG demand by mid-century. Those countries have other plans. Thailand’s draft power plan lifts renewables from 20% to 50% of the… · digyoursoul@universeodon.com · 7
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