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EUROPE GAS TRACKER REPORT 2022
The Europe Gas Tracker Report 2022 finds that the EU possesses substantial overcapacity for gas imports via pipelines and LNG terminals, making proposed new projects unnecessary. It argues that expanding this capacity is incompatible with the European Climate Law's 2030 emissions targets and the IEA's Net Zero by 2050 scenario. The report highlights that the EU's energy crisis is driven by global market tightness and supply shortages rather than a lack of import infrastructure. Furthermore, it critiques 'carbon-neutral' LNG claims as misleading due to methane emissions across the supply chain and warns that new gas assets risk becoming stranded.
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Document type: Report