Climate ministers of the Group of Seven countries have backtracked for now on earlier language touting growing future demand for liquefied natural gas (LNG), instead noting there may be 'considerable uncertainty' for consumption.
A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo
But, as negotiations over the communique resumed on Tuesday ahead of the ministerial meeting on April 15-16 in Sapporo, Japan, the wording was changed, the latest draft reviewed by Reuters showed. It added a line saying, "Furthermore we will accelerate the clean energy transition through energy savings and gas demand reductions in the process of decarbonization."
Scientists and analysts have warned that new fossil fuel investments would negate globally agreed climate change goals., and many Japanese companies are exposed to super-chilled gas projects globally.
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