'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

Poll: 15 million UK adults left feeling unwell in sweltering homes during heatwaves

Poll: 15 million UK adults left feeling unwell in sweltering homes during heatwaves

Research from Opinium for the End Fuel Poverty Coalition warns vulnerable people in overheated homes are badly exposed to risks from increasing extreme heat

clock 08 July 2026 • 3 min read
National Grid DSO debuts climate resilient Responder flexibility service

National Grid DSO debuts climate resilient Responder flexibility service

New flexible grid service aims to strengthen network's resilience in response to increasingly intense storms

James Murray
clock 03 July 2026 • 2 min read
'Clean air dividend': Reaching net zero promises £7.7bn economic boost from cleaner air

'Clean air dividend': Reaching net zero promises £7.7bn economic boost from cleaner air

New report highlights the huge health and economic benefits that are set to arise from the cleaner air that should result from the UK's net zero policies

clock 01 July 2026 • 2 min read