European demand driving $1 trillion investment in gas production over next decade -report

Published 14:22 on January 29, 2024  /  Last updated at 00:31 on January 30, 2024  / Susannah Rodgers /  EMEA, EU ETS, International

The fossil fuel industry is forecast to spend more than $1 trillion globally over the next decade on producing gas for European markets, including investing in new extraction, despite warnings from climate scientists and policy advisers, according to a report published on Monday.
The fossil fuel industry is forecast to spend more than $1 trillion globally over the next decade on producing gas for European markets, including investing in new extraction, despite warnings from climate scientists and policy advisers, according to a report published on Monday.


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