Shipbuilders lured by a temporary bull market will likely be left stranded as the world transitions away from fossil fuels. They are facing significant risk by overshooting liquefied natural gas (LNG) shipping capacity that is inconsistent with future energy scenarios. This report finds that the uptake in shipping capacity far exceeds global forecasts of LNG trade as the world transitions away from fossil fuels to limit global warming to 1.5°C, and that the LNG shipbuilding business could become stranded under the International Energy Agency (IEA)’s net-zero scenario.
[2]
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/high-and-dry-global-energy-transitions-looming-impact-lng-and-oil-shipbuilding
[2] http://www.indiaenvironmentportal.org.in/files/file/High and dry.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/climate-analytics
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/liquefied-natural-gas-lng
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/shipping
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
