Report warns Bangladesh's $50 billion LNG investment plan may harm economy and environment.

A new report warns that Bangladesh's plan to invest nearly $50 billion in LNG projects could endanger the economy and environment. The Integrated Energy and Power Master Plan, developed by Japanese agencies, could increase LNG imports and related costs significantly. Researchers suggest shifting funds to renewable energy sources like solar and wind to avoid health hazards and climate risks, and to enhance electricity production amid power shortages.

November 09, 2024
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