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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. The hydrogen market is on the verge of a revolution.

Gas 243
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Nigeria or Algeria cannot do the same for their oil industry. This scenario assumes a full global consensus for action on climate change.

Carbon 207
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Europe moves forward on the Energy Union; transport key element

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The European Commission has adopted the European Energy Union package —a framework strategy for a resilient energy union with a forward-looking climate change policy. Today, we launch the most ambitious European energy project since the Coal and Steel Community. This cannot continue. Europe needs to make the right choices now.