Análisis 13-07-2017

Could we prevent global warming by replacing oil with gas?

Demand for natural gas will rise worldwide at a rate of 1.6% per year through 2035, according to the International Natural Gas Association's (Cedigaz) Medium and Long-Term Projections 2017.

The large-scale transition from the use of coal and oil to gas will significantly reduce emissions of carbon dioxide into the atmosphere. However, it will not help to avoid the increase of temperature, the document theorizes.

The growth rate of gas consumption in absolute terms will outstrip all other types of fuel, while in relative terms wind power and solar power will become the fastest energy sources - 8% of annual growth - due To increase their competitiveness.

Natural gas will increase its share in the volume of all fuel supplied to the world market from 21.2% to 23.9%.

According to experts, Europe will be the only region where gas demand will stagnate. By 2025 demand in Europe will rise slightly from the current 480 billion cubic meters.

However, by 2035 it will be reduced by 20 billion cubic meters. In this way, China and the Middle East will be the main gas consumers in the world.

Many countries are adopting the policy that gas consumption should exceed the consumption of other types of fossil fuel by energy companies. However, it is not enough to achieve the goal of two degrees that corresponds to the maximum temperature by which the average temperature of the planet can rise by the year 2100.

Sputnik