Leverage LNG: Cheaper gas could offer India a better path towards its climate goals
India’s economy must find an optimal path to its net-zero target. An expected decline in global prices would make gas affordable enough to enlarge its role in carbon reduction. We should be prepared to make the most of an opportunity that seems headed our way.
After Russia’s 2022 invasion of Ukraine, Europe’s dependence on Russian piped gas has tapered. This year alone, Europe’s imports of liquefied natural gas (LNG) are up 20%, over half of it from the US. Not surprisingly, Russia is scouting for new mark... [2876 chars]
