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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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Ample natural gas resources exist to support demand growth, but greater gas infrastructure development is needed to support growth in the medium term. Potential magnitude of resource and landed cost of hydrogen in Germany, 2050. The hydrogen market is on the verge of a revolution. —Snam CEO Marco Alverà. Source: BloombergNEF.

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

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So far, the policy focus has been on empowering the early winners of an unfolding renewable-energy race. Nigeria or Algeria cannot do the same for their oil industry. The renewables race displaces fossil fuels quickly, but some regions lose out. abating carbon will create losers. —Goldthau et al. Business as usual.

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Europe moves forward on the Energy Union; transport key element

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Further, the Commission will work with Member States to develop access to alternative suppliers, including from the Southern Gas Corridor route, the Mediterranean and Algeria, in order to decrease existing dependencies on individual suppliers. The EU has agreed the target of at least 27% at EU level for renewable energy by 2030.