A few viewpoints on both sides of the issue follow.
12222 Energy Roundtable: The Outlook Brightens for Oil Stocks
Today, the industry supports 1. That number could rise to 3 million by It is a bridge fuel to slash our oil dependence while buying us time to develop new technologies that will ultimately replace fossil transportation fuels.
By investing in alternative energies while utilizing natural gas for transportation and energy generation, America can decrease its dependence on OPEC oil, develop the cutting-edge know-how to make wind and solar technology viable, and keep more money at home to pay for the whole thing. Boone Pickens' proposed energy strategy. This is a full-scale mining operation, and I'm all for it.
Now we can get back to work. Similarly, a number of studies and publications GAO reviewed indicate that shale oil and gas development poses risks to water quality from contamination of surface water and groundwater as a result of erosion from ground disturbances, spills and releases of chemicals and other fluids, or underground migration of gases and chemicals. With nothing more than regulatory policies of the type and stringency simulated here there is no market for these technologies, and the shale gas reduces interest even further.
Under more stringent GHG targets these technologies are needed, but the shale gas delays their market role by up to two decades. Thus in the shale boom there is the risk of stunting these programs altogether.
While taking advantage of this gift in the short run, treating gas a 'bridge' to a low-carbon future, it is crucial not to allow the greater ease of the near-term task to erode efforts to prepare a landing at the other end of the bridge. When the industry goes south, and it will go south, they just walk away. Hardcover in Good condition They are not actual photos of the physical item for sale and should not be relied upon as a basis for edition or condition. See details.
Resources Rock: How to Invest in the Next Global Boom in Natural Resources
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Be the first to write a review About this product. About this product Product Information Resources Rock is an easy-to-read introduction to the resource sector as it gears up to take off for the first time in over two decades. Readers will learn how to invest in natural resource stocks, including diamonds, gold, base metals, oil and gas, forestry, and fertilizer companies.
The Coming Arctic Boom | Foreign Affairs
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