Limiting global warming to 2 degrees Celsius above the temperature in pre-industrial times could mean significantly reduced investments in natural gas supply through 2040, analysts warn. If the world is to go down the 2-degree pathway, investment in new natural gas exploration and production could be slashed by 65 percent, from nearly US$2 trillion to US$700 billion, by 2040, because gas demand would peak earlier than previously thought, Wood Mackenzie said in a recent report . While international agencies and supermajors are now competing in calling the date for peak oil demand , talk of peak demand for natural gas is not so mainstream. There may be a reason for that—as things stand with the global energy mix and the rise of renewable energy sources, natural gas—a fossil fuel—will be fueling the energy transition, at least at these early stages, and at least until battery and energy storage technologies […]