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Illustration: Aïda Amer/Axios

In touting Europe’s just-released economic recovery plan whose core features clean energy, top government officials there are walking a fine line on the role of natural gas.

Why it matters: Europe is at the leading edge of a global debate on the fate of natural gas, the cleanest fossil fuel that nonetheless still emits carbon dioxide, as the world tries to drastically cut carbon and other heat-trapping emissions.

“There is no plan to phase out gas over the next 10 years. For the foreseeable future, gas will remain an important energy source for the European Union.”
— Ditte Juul-Jørgensen, director general for energy of the European Commission, at a (virtual) Atlantic Council event Thursday

The big picture: Natural gas emits half the CO2 when burned compared to coal, but its primary component is methane, which can leak and is a far more potent greenhouse gas than carbon.

  • Environmentalists around the world have increasingly opposed natural gas, even though it demonstrably reduces emissions when displacing coal, because in the long-term it doesn’t reduce emissions to the level scientists say is necessary.

Catch up fast: The European Commission proposed earlier this week an $825 billion package of policies aimed at helping reinvigorate the continent’s economy as it recovers from the pandemic.

One level deeper: Natural gas, which accounts for about a third of the European Union’s energy consumption, is not penalized in the proposal. Oil and gas companies could actually benefit because the plan directs billions of dollars for technologies capturing carbon and producing hydrogen for energy, according to Ronan Palmer, director of clean energy at E3G, a European environmental think tank.

  • That’s because most hydrogen used today comes from natural gas, which emits carbon. The EU’s recovery plan focuses on what’s called “green hydrogen."
  • This kind of hydrogen comes “from water with electrolysis, an energy-intensive but carbon-free process if powered by renewable electricity,” which is prohibitively expensive, per this Reuters article.
  • Any use of green hydrogen will likely need to first use natural gas — and its infrastructure — to make hydrogen, European government officials and other experts say.

The intrigue: The Atlantic Council’s event showcased the wide range of views.

  • Juul-Jørgensen appeared to downplay the European Union’s goal to be carbon neutral by 2050, when “the role of gas will be much smaller than it is today, but that’s 2050. That’s 30 years from now.”
  • As long as companies crack down on methane and emissions from other parts of the process, “we are going to be in a position to compete in the long-run,” said Chris Smith, senior vice president of policy, government and public affairs at Cheniere Energy, America’s biggest exporter of liquefied natural gas — a lot of it to Europe.
  • European Investment Bank economist Eugene Howard reminded everyone tuning in about the bank’s November announcement to stop funding fossil-fuel projects in two years. “When we talk about gas infrastructure, the energy lending policy made it quite clear we are phasing that out,” he said.

What we’re watching: The European Commission is hashing out the taxonomy governing sustainable financing. Debate is underway about to what degree natural gas and other hot-button energy types like nuclear get recognition for reducing emissions.

Go deeper: Natural gas is helping combat climate change--but not enough

Go deeper

Sep 4, 2020 - Politics & Policy

Biden’s centrist mirage

Photo illustration: Sarah Grillo/Axios. Photo: Alex Wong/Getty Images

Joe Biden spent a career cultivating the image of a deal-making centrist — and is making this a key selling point for swing voters in 2020. But the modern Biden has been pushed left by his party's insurgent progressives.

Why it matters: Biden has moved to the left to accommodate party activists on crime, climate, education, immigration and health care. His central challenge with many swing voters: Prove he didn't move too far, too fast. 

Amy Harder, author of Generate
Sep 3, 2020 - Energy & Environment

Americans are flying more than Europeans despite the pandemic

Expand chart
Data: U.S. Energy Information Administration; Chart: Axios Visuals

Americans are hopping on planes more than their counterparts in Europe and the rest of the Western hemisphere, a new U.S. Energy Information Administration analysis shows.

Why it matters: Persistently subdued air travel is one of the biggest reasons analysts are increasingly expecting global oil demand to plateau below pre-pandemic levels.

GOP implosion: Trump threats, payback

Spotted last week on a work van in Evansville, Ind. Photo: Sam Owens/The Evansville Courier & Press via Reuters

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics.

Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the nation’s capital, it's even worse.