Shifting to natural gas is – unfortunately – the greenest alternative we have to coal at the moment. Solar and wind are still going to take some time to reach price parity with conventional fuels. Until then the alternative to using them is further immiseration of poor and middle class people under the yoke of ever rising energy prices and stagnating take home pay.
That and I’m a “climate agnostic”.
On“Fareed Zakaria GPS” this Sunday at 10 a.m. and 1 p.m. ET – debating the natural gas boom.
By Peggy Williams, Special to CNN
Editor’s note: Peggy Williams is editorial director of Hart Energy, an energy publisher that advises natural gas companies. The views expressed are her own.
As nations seek alternative fuel sources in an effort to reduce petroleum use, the world is paying increasing attention to natural gas as an efficient option. Multi-stage fracturing and horizontal drilling have allowed natural gas supply to grow in North America, and if these techniques continue to be implemented, the door will be open for a number of countries to start producing potentially vast amounts of energy.
Consider Russia, which has the largest amount of recoverable natural gas in the world – more than 4,500,000 billion cubic feet of natural gas, not including potential undiscovered resources in the region. Between…
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