16 January 2023 | Other

U.S. government’s climate envoy said that natural gas could slow down global warming

U.S. Special Presidential Envoy for Climate John Kerry said that natural gas could play an important role in solving the problem of global warming. However, it will require the acceleration of producers’ efforts to control carbon emissions.

In one of his interviews in Abu Dhabi, Kerry outlined that an increase in demand for gas, and especially for liquefied natural gas (LNG), has been observed recently. In Kerry’s opinion, this type of energy source might be used as a transitional measure for reaching zero carbon footprint. 

On the one hand, gas has a smaller carbon footprint compared to oil and coal, and this is an advantage. However, it does have a carbon footprint anyway. In addition, methane leaks are quite common in the industry, which also have a negative impact on the environment. Many activists are against using gas, insisting on the idea that the U.S. government should abandon this energy source. But in Kerry’s opinion, gas usage for power production and home heating helps to reduce emissions by 30–50%.

Company MarketCheese
Period: 31.10.2026 Expectation: 1700 pips
Selling EURUSD on fundamentally strong dollar
25 September 2026 30
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
24 September 2026 46
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
24 September 2026 42
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
22 September 2026 49
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
21 September 2026 53
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
21 September 2026 46
Go to forecasts