Mmastodon EnvironmentEnergy first seen 2 d ago, last 14 min ago, peak #1
Asia's gas boom expectations clash with renewables plans
Original: Asia’s fossil gas growth fantasy is falling apart. Shell says it expects South and Southeast Asia to take more than two-
Shell expects South and Southeast Asia to absorb more than two-thirds of the world's additional LNG demand by mid-century, but governments in the region are charting a different course. Thailand's draft power development plan, for example, would lift renewables from 20% to 50% of its energy mix, undermining forecasts of a long fossil gas expansion.
Why now: New national clean-energy plans, notably Thailand's, directly contradict industry forecasts of surging Asian gas demand.
ShellThailandSoutheast AsiaSouth Asia
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 14 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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