Natural Gas is Making Risky Energy Policy Moves
The European Union and the United States have lately announced strong plans to reduce greenhouse gas emissions and assert their global leadership in the battle against climate change. These plans call for stricter methane regulations as well as investments in carbon capture and storage technology. These measures hold considerable promise for assisting Europe in reducing its reliance on coal and other dirty fuels while meeting its climate goals. Gas is the most environmentally friendly fossil fuel, emitting less carbon emissions than coal. Because of recent technology developments, the development of unconventional natural gas deposits is also becoming less expensive. This fuel is a bridge fuel to a new energy economy for the twenty-first century. With the potential to substitute coal, the EU should prioritize LNG port building. The EU has committed to reducing methane emissions from the domestic energy sector by 2030 and is working with international partners to achieve this goal...