IEA foresees radical rise in natural gas use by 2035

09:05, June 07, 2011      

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Global use of natural gas will rise by more than 50 percent from 2010 levels and account for more than a quarter of global energy consumption by 2035, the International Energy Agency (IEA) said on Monday.

"Surely that would qualify as a golden age," IEA Executive Director Nobuo Tanaka said in a statement.

"There is a strong potential for gas to take on a larger role, but also for the global gas market to become more diversified and therefore improve energy security," he said.

The illustrative scenario of "golden age" can be built on the interaction between economic and environmental factors, including ample availability of gas, big energy consumers' policy impetus for use of gas, lower growth of nuclear power and more use of natural gas in road transport, according to the statement.

"All major geographical regions have recoverable natural gas resources equal to at least 75 years of current consumption," IEA said in the statement, asking policy-makers to take account of a combination of policy choices, technological capability and market conditions in developing these resources.

Praising natural gas as the "cleanest fossil fuel," the IEA said it can be a considerable contributor to lower emissions of greenhouse gases as well as local pollutants if replacing other fossil fuels.

However, natural gas is still a fossil fuel, Tanaka said, an expansion of gas use alone is no panacea for climate change.

Source: Xinhua
 
 
     
 
 
 
     
 
 
 
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