Europe risks €87bn in stranded fossil gas assets, report reveals Europe is already building or planning to build €87bn worth of fossil gas infrastructure in a continued expansion of pipelines and LNG terminals, despite the need to halve emissions by 2030, according to a new report published on Thursday (8 April). Support continues for fossil gas amongst many member states and politicians, who continue to call for new, often ‘hydrogen ready’, infrastructure Fossil gas consumption needs to decline 36% from 2020 to 2030, according to the European Commission, but the planned public and private investment would see an increase of 35% from the current import capacity.