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Jun 22 5 tweets 6 min read
Today international and local experts in #Pakistan raised the alarm on @WorldBank’s support for gas & LNG infrastructure that's posing a great threat to #ParisAgreement goals & is causing catastrophic #climatechange w/ @ALCollective_ @FranWitt5 @IndusConsortium @IEEFA_AsiaPac Image
Said @FranWitt5 of Recourse -#Gas must not be
considered a ‘transition’ fuel to cleaner energy systems. It is a carbon-intensive high emitting fossil fuel, which is diverting funds away from sustainable renewable alternatives,” bit.ly/WBGasPK bit.ly/UrduWBGas
Referring to a planned LNG terminal by Tabeer LNG Ltd in Port Qasim, M. Abdul Rafay of @ALCollective_ said expanding #gas infrastructure poses a threat to #biodiversity & marine life, esp. mangroves which are in severe distress due to unchecked industrial excesses in the area.
.@HaneeaI of @ieefa pointed out that Pakistan procures almost 44% of its #LNG on the spot market, where recent volatility has led to Pakistan procuring the fuel upwards of $30/mmbtu, a cost that is directly transferred to the consumers. bit.ly/IEEFAGasPK
.@HaneeaI added that the current situation could have been avoided had the government of Pakistan had diversified the energy supply by incorporating a higher share of renewables in the energy mix. The @WorldBank and @IMFNews could have better supported that transition.

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