'Stranded assets and magical thinking': Could the pursuit of pipelines drain $485bn from the global economy?

Cecilia Keating
clock • 5 min read
Gas pipeline planning has become increasingly fraught amid rising opposition from the public and a shifting legal and regulatory landscape | Credit: iStock
Image:

Gas pipeline planning has become increasingly fraught amid rising opposition from the public and a shifting legal and regulatory landscape | Credit: iStock

New research exploring the risks associated with new fossil gas infrastructure comes as separate analysis warns North Sea oil and gas extraction is set become a significant burden on UK's public finances

The global gas network is poised for major expansion over the coming decade, with tens of thousands of kilometres of pipelines plotted by 'gas-positive' countries and industry players that are likely to...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'No longer distant or theoretical': How nature loss is eroding the foundations of financial stability

'No longer distant or theoretical': How nature loss is eroding the foundations of financial stability

Negligent management of natural assets would be 'unthinkable' in any other sector - yet, as a new report highlights, degradation that threatens dire consequences for financial systems and societies is allowed to continue

Stuart Stone
clock 30 April 2026 • 5 min read
Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

UAE's surprise decision to quit OPEC fails to dampen oil prices, as reports suggest US is planning sustained blockade of Strait of Hormuz

James Murray
clock 29 April 2026 • 4 min read
Study: Plant-based mince and meatballs a third cheaper than meat options

Study: Plant-based mince and meatballs a third cheaper than meat options

Making plant-based spaghetti bolognese and lasagne now cheaper than using beef as Iran War and extreme weather drive up meat costs, Good Food Institute finds

Stuart Stone
clock 29 April 2026 • 4 min read