Mmastodon EnvironmentEnergy first seen 1 d ago, last 8 min ago, peak #1
Asia's fossil gas expansion plans face renewable pushback
Original: Asia’s fossil gas growth fantasy is falling apart. Shell says it expects South and Southeast Asia to take more than two-
Shell forecasts that South and Southeast Asia will drive more than two-thirds of the world's additional LNG demand by mid-century, but countries in the region appear set to undercut that projection. Thailand's draft power plan, for example, would raise renewables from 20% to 50% of its energy mix, signaling a faster shift away from fossil gas than the oil major anticipates.
Why now: A major gap is opening between Shell's LNG growth forecast and the renewable energy policies Asian countries are actually adopting.
ShellThailandSouth AsiaSoutheast Asia
Rank over time, top of the chart is #1. 30 snapshots from 1 d ago to 8 min 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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