'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

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Risk

Energy security starts with renewables
Risk

Energy security starts with renewables

Ahead of the London Energy Security Summit, the Climate Group's Helen Clarkson argues renewables can play a critical role in enhancing resilience following several years of damaging shocks for the global economy

Helen Clarkson, Climate Group
clock 23 April 2025 • 5 min read
'Silence isn't neutrality - it's a strategic risk': CISL playbook aims to shape proactive response to ESG backlash
Risk

'Silence isn't neutrality - it's a strategic risk': CISL playbook aims to shape proactive response to ESG backlash

New study explores how businesses can respond to volatile geopolitical pressures, while continuing to advance sustainability efforts

Stuart Stone
Stuart Stone
clock 07 April 2025 • 7 min read
Government announces over a thousand flood defence schemes to benefit from £2.65bn in funding
Risk

Government announces over a thousand flood defence schemes to benefit from £2.65bn in funding

Schemes protecting more than 52,000 homes and businesses from the dangers of flooding to be built or repaired under latest funding round

Stuart Stone
Stuart Stone
clock 31 March 2025 • 5 min read