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EU Gas Projects In Jeopardy After Bloc Moves to Prioritize Investment in Low-Carbon Alternatives

EU Gas Projects In Jeopardy After Bloc Moves to Prioritize Investment in Low-Carbon Alternatives © AP Photo / Ariel Schalit Subscribe Sputnik International https://sputniknews.com/business/202012151081471623-eu-gas-projects-in-jeopardy-after-bloc-moves-to-prioritize-investment-in-low-carbon-alternatives/ The construction of gas pipelines within the EU has been facilitated in the recent past by the bloc s support for cross-border energy projects, meaning they can receive funding and fast-tracked permits from Brussels. The move could lead to a growing uptake in renewables and a smaller role for natural gas in the European energy mix. The European Commission has put forward plans to limit funding for natural gas projects due to the risk they pose to EU climate goals.

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