Optimism for Post-Pandemic Natural Gas Fuel for Mobility
The International Energy Agency recently released its report — 2020 Global Energy Review — which states energy demand will fall 6% in 2020. This represents the largest decline in 70 years in percentage terms, the largest ever decline in absolute terms, and seven times the decline after the 2008 global financial crisis. This is predicted to lead to a record fall in carbon emissions of almost 8%, the lowest level in a decade.
“Planet Earth and its inhabitants have been given an opportunity, a lifeline, that must be respected and taken advantage of. And while there are many positive results likely to emerge from the post-COVID era, from the energy perspective, methane in its fossil-derived and renewable forms and hydrogen stand out as potential heroes for a cleaner future,” says Lennart Pilskog, NGV Global’s chairperson.
By NGV Global