‘Europe’s big regasification bet has muddied the waters’: Global Energy Monitor (GEM)

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In his 20-year career, Greig Aitken, project manager, Europe Gas Tracker, at Global Energy Monitor (GEM), the San Francisco-headquartered NGO that studies and catalogues global energy projects, has seen a huge shift in investor awareness of the issue of climate change, with momentum building up in the space of green financing in the past five years. But in Europe, the “big regasification bet” placed by the continent in the wake of Russia’s war in Ukraine appears inconsistent with the EU’s official energy transition goals, while the lingering presence of coal and seemingly low appetite of some European countries to push for energy efficiency are other areas of concern, Aitken says in this interview with Gas Matters.