AI revolution will be boon for natural gas, say fossil fuel bosses

Contributing sentiments towards policy:

61% : "Most of the new demand growth will be met by carbon-free generation resources," said Xizhou Zhou, head of power and renewables at S&P.
56% : AI's soaring energy needs will rise well beyond what renewable energy and batteries can deliver, executives argue, making more planet-warming fossil fuel supplies crucial even as governments vow to slash their use.
55% : "If you talk to the oil people they are going to say the only way we can meet this energy demand is to use fossil fuels, but many of the customers of these data centres have made net zero CO₂ commitments so they will say the power has to be renewables.
54% : Another 20 new gas-fired power plants are due online in 2024 and 2025 to meet demand, according to federal projections.
48% : It also marks a contrast with pledges by Big Tech to slash greenhouse gas emissions and fuel the AI revolution with green energy, rather than fossil fuels.
39% : But fossil fuel executives said renewables would not be reliable suppliers on their own for energy-hungry data centres.

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