Carbon trading boosts natural gas prospects

Boosted by carbon trading schemes, natural gas will be the "preferred energy option" in decades to come, experts believe."High carbon prices are a very strong driver of gas-fired power," Ian Cronshaw, head of the International Energy Agency's (IEA) energy diversification division, told liquified natural gas (LNG) industry representatives in Brussels last Thursday (30 April). He argued that strong prices of around €25-28 a tonne witnessed at the beginning of last year gave gas-fired ...

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