The world is investing hundreds of billions of U.S. dollars every year in renewable energy and other clean energy solutions, but it needs more than a trillion U.S. dollars in investments annually if it still stands a chance of reaching net-zero emissions by 2050.
Natural gas consumption in China may fall this year for the first time in two decades, albeit moderately, because of the slowdown in the economy, Reuters has reported, citing officials from state energy companies.
The government is implementing a National Liquified Petroleum Gas Promotion Programme to ensure that at least 50% of Ghanaians have access to LPG by 2030 as part of measures to mitigate climate change.
New LNG projects are driven mainly by a short-term increase in natural gas demand in Europe and Asia.