Natural Gas Free Tips – Risky Player Sell Below 342 and So Jaao – Neal Bhai
The International Energy Agency (IEA) reported on Tuesday that, 12 years from now, gas will be the world’s second largest energy fuel, after oil. This would be a result of efforts to reduce air pollution and increased use of liquefied natural gas, the agency predicted.
The IEA report said that energy demand would grow by more than 25 percent between 2017 and 2040 if people use energy more efficiently. Demand would rise by at least 50 percent without such improvements, it added.
The estimates are based on the IEA’s “New Policies Scenario” model. It considers legislation and policies to reduce pollution and fight climate change. The estimates also consider more energy efficiencies in fuel use, buildings and other things.
The report said, “Natural gas is the fastest growing fossil fuel in the New Policies Scenario, overtaking coal by 2030 to become the second-largest…energy after oil.”
China is currently the biggest oil and coal importer in the world. It would soon become the largest importer of gas, the IEA predicted. The report said that the level of Chinese imports would be similar to those of the European Union by 2040.
The Reuters news agency examined information from China’s General Administration of Customs. Reuters found that China is already importing more natural gas than Japan, the world’s top importer of gas.
