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Home › Natural gas losing its shine as Asia holds faith in coal power

 

Natural gas losing its shine as Asia holds faith in coal power

2015-11-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity. Asian loyalty to coal is shrinking the space available for natural gas just as supplies are ramping up after massive investments in U.S. and Australian output. Demand growth for natural gas is also slowing in top energy consumer China, further dampening the fuel's prospects....

Tags: power natural asia gas

Category:Electronics and Electrical

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