EUROPE GAS STRATEGY: €139 BLN
GI - Currently, about 70 million European industrial and private customers are supplied by a gas grid 2.2 million kilometres in length. Natural gas, not only as a product, consists of various positive habits for heating, power generation and transport. Even in light of the political goals for a massive reduction of greenhouse gas emissions in Europe, there is still a lot of potential lying in gas-based supply. Coal to gas switching – for example, decided in German policy at the beginning of 2019 - provides 'low hanging fruits' for rapid, low-cost carbon emission reductions. In the heating sector about 7 million oil…
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