The rights and wrongs of investing in natural gas
Should multilateral development banks finance gas projects?
Can natural gas ever be a “green” investment? Burning any fossil fuel inevitably makes the planet warmer. Yet switching power stations to gas from more carbon-intensive coal has helped countries cut their total emissions in the past. Environmentalists counter that global temperatures have risen so much that all fossil-fuel use needs to be ended as quickly as possible if the world is to meet the targets laid out in the Paris agreement to limit global warming to “well below 2°c”.
This article appeared in the Finance & economics section of the print edition under the headline “A natural question”
Finance & economics June 25th 2022
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