Challenges to the Future of Gas: unburnable or unaffordable?
4:30 PM - 7:00 PM, 1 February 2018
Sustainable Gas Institute (SGI) , Sir Alexander Fleming Building G16, Imperial College London, United Kingdom
For the period up to 2030, the principal threats to the future of gas outside North America will be affordability and competitiveness. Beyond that date – and particularly beyond 2040 – carbon (and potentially also methane) emissions from gas will cause it to become progressively `unburnable’ if COP 21 targets are to be met. Regionally, and especially nationally, the picture will be very different, and this level of granularity is crucial for any kind of detailed appraisal of the future of gas. But despite these reservations, on a global level a 20-year horizon prior to significant decline qualifies gas as a `transition fuel’.