'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

Global Briefing: Europe endures worst wildfire season on record

Global Briefing: Europe endures worst wildfire season on record

Europe's fire season has been the most damaging on record, data shows China's carbon emissions fell in the first half of the year, and plans advance for Sweden's first small modular reactor

James Murray
clock 22 August 2025 • 8 min read
Green claims under scrutiny: Why businesses must rethink their sustainability sign-off

Green claims under scrutiny: Why businesses must rethink their sustainability sign-off

Now is the time to take stock, tighten systems, and put rigour at the heart of how sustainability is communicated, writes Kerry Stares from law firm Charles Russell Speechlys

Kerry Stares, Charles Russell Speechlys
clock 20 August 2025 • 5 min read
Heat belongs in every company's climate portfolio

Heat belongs in every company's climate portfolio

With heatwaves, drought and wildfires intensifying worldwide, companies adopting a heat-focused, total climate accounting approach can reduce risk and boost their market leadership potential, writes Kiff Gallagher from the Global Heat Reduction Initiative...

Kiff Gallagher, Global Heat Reduction Initiative
clock 15 August 2025 • 3 min read