An unsure future for natural gas: How risks could derail the current boom
Evidence suggests that the natural gas market boom is likely to continue in the short-to-medium term. Natural gas is a convenient way to produce energy, due to its abundant supply, versatility, and the fact that it pollutes less than other fossil fuels.
Moreover, its derivatives are used as raw inputs in a wide range of industries, notably in petrochemicals.
However, this commodity market is not free of challenges. The energy industry is quickly evolving: as renewable energy sources increase in popularity compared to fossil fuels, their costs are plummeting. New forms of electricity conservation have recently become the focal point of widespread international attention, resulting in heavy investment and research. Furthermore, natural gas is increasingly losing its reputation as a cleaner energy source in the battle against climate change, as it pollutes more than renewable alternatives.