Japan has historically been the world’s largest LNG importer
Asian nations must avoid gas infrastructure – Carbon Tracker
Vietnam, South Korea and Japan must invest now in transitioning their power infrastructure away from natural gas to reach net zero by 2050, says think tank
Vietnam, South Korea and Japan must invest now in transitioning their power infrastructure away from a dependence on natural gas if they are to remain on a pathway to reach net-zero emissions by 2050, according to a report from UK-based think tank Carbon Tracker. The three countries currently depend on LNG imports for the bulk of their power supply. Despite all having targets to reach net-zero emissions by 2050, they have a total of nearly 85GW of gas-fired capacity planned—56GW in Vietnam, 18GW in South Korea and 10GW in Japan. These investments do not make sense from a business nor emissions-reduction perspective, the report says. It finds that 86pc of the planned projects will be economic
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