COP21 and the future role of natural gas in the EU
This article considers the implications of COP21 for the natural gas industry, with a focus on the EU and Spain. The Paris Agreement represents a successful effort to avoid a complete breakdown of climate change negotiations. Although we cannot assume that the governments who signed the agre...
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| Format: | Journal article |
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Oxford Institute for Energy Studies
2017
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| _version_ | 1826288931640967168 |
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| author | Robinson, D |
| author_facet | Robinson, D |
| author_sort | Robinson, D |
| collection | OXFORD |
| description | This article considers the implications of COP21 for the natural gas industry, with a focus on the EU and Spain. The Paris Agreement represents a successful effort to avoid a complete breakdown of climate change negotiations. Although we cannot assume that the governments who signed the agreement will comply with their commitments, or deliver more ambitious commitments later, COP21 will infl uence public policy and corporate strategy. This is particularly important for the natural gas industry in the EU. It has the potential to contribute to decarbonization in the short to medium term, provided it wins the necessary policy support, especially to replace coal in the power sector. However, in the longer term and assuming the EU meets its ambitious emissions reduction targets by 2050, the future for natural gas looks problematic in the absence of technological innovations to abate emissions. |
| first_indexed | 2024-03-07T02:21:11Z |
| format | Journal article |
| id | oxford-uuid:a3f782b9-0bb5-4857-b0e1-76133f0c1559 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T02:21:11Z |
| publishDate | 2017 |
| publisher | Oxford Institute for Energy Studies |
| record_format | dspace |
| spelling | oxford-uuid:a3f782b9-0bb5-4857-b0e1-76133f0c15592022-03-27T02:30:46ZCOP21 and the future role of natural gas in the EUJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:a3f782b9-0bb5-4857-b0e1-76133f0c1559ORA DepositOxford Institute for Energy Studies2017Robinson, DThis article considers the implications of COP21 for the natural gas industry, with a focus on the EU and Spain. The Paris Agreement represents a successful effort to avoid a complete breakdown of climate change negotiations. Although we cannot assume that the governments who signed the agreement will comply with their commitments, or deliver more ambitious commitments later, COP21 will infl uence public policy and corporate strategy. This is particularly important for the natural gas industry in the EU. It has the potential to contribute to decarbonization in the short to medium term, provided it wins the necessary policy support, especially to replace coal in the power sector. However, in the longer term and assuming the EU meets its ambitious emissions reduction targets by 2050, the future for natural gas looks problematic in the absence of technological innovations to abate emissions. |
| spellingShingle | Robinson, D COP21 and the future role of natural gas in the EU |
| title | COP21 and the future role of natural gas in the EU |
| title_full | COP21 and the future role of natural gas in the EU |
| title_fullStr | COP21 and the future role of natural gas in the EU |
| title_full_unstemmed | COP21 and the future role of natural gas in the EU |
| title_short | COP21 and the future role of natural gas in the EU |
| title_sort | cop21 and the future role of natural gas in the eu |
| work_keys_str_mv | AT robinsond cop21andthefutureroleofnaturalgasintheeu |