Who Owns All The Pipelines?
The companies behind Europe’s gas transport network are rarely household names, yet their lobbyists sit at the heart of our political system. They make their money building and operating pipelines and other gas infrastructure projects, and are desperate to keep us hooked on fossil gas, despite the climate science and widespread local opposition...
Leaving fossil fuels like gas in the ground would seriously dent the companies’ profits and therefore shareholder dividends.
So instead of talking about how to manage the necessary decline of fossil fuel production, decommission infrastructure and ensure a just transition for workers, the big four TSOs are making new excuses to keep their infrastructure being used. They propose embryonic techno-fixes like so-called ‘renewable gas’ or betting on costly and experimental ‘carbon capture and storage’ (CCS) technology.
All four are aggressively lobbying to have us believe these false solutions will ‘decarbonize’ gas by 2050. In the long-term they claim it would allow industry to meet the EU’s climate targets, but more importantly, in the short- to medium-term, it keeps them in business as we keep using fossil gas waiting for miracles technology to save us. These dangerous distractions are even being used to justify building more publicly-funded fossil fuel infrastructure...