Barely four weeks ago, we began discussing the growing impact of renewable energy and how it could affect the future of gas utilisation. This topic generated so much interest that our last column was yielded to no less a person than the man who should know more than any Nigerian alive in the area of gas, Dr. Godswill Ihetu.
In the very well-made argument, Prof. Osinbajo had this to say “Although all countries must play their part in the fight against climate change, a global transition away from carbon-based fuels must account for the economic differences between countries and allow for multiple pathways to net-zero emissions.
We salute the Vice President for forthrightly making the above statements. All African countries must adopt this position, not because it will make the Western world change its stance, but to help African countries begin to think about alternative funding strategies to Gas. In fact, a few days ago, the U.S.
In the first place, the end of natural gas is not in sight yet. In fact, with the unfolding scenario, the future of gas is even much stronger than it was a short while back. While the legitimate campaign for green energy continues and should receive the support of all, it is important to re-emphasise that the ambitious deadlines set mostly by developed countries is everything but realistic.
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