24 Jan '12, 12pm

Blog: What Lord Lawson didn't tell you about shale gas: Prominent climate sceptic ignores…

© Christopher Furlong/Getty Images What Lord Lawson didn't tell you about shale gas That charming Lord Lawson feller was on the Today programme this morning harping on about the potential of shale gas to bring cheap, practically limitless fuel to the hearths and hobs of the nation. Hooray, eh? No. Three things. First, we are not America. Shale-gas-huggers are going cockahoop about what's happened over in the States, where there's been a meteoric rise in the production of shale gas . In just five years the USA has gone from getting five per cent to nearly a quarter of its total gas production from shale. As a result the USA is now self-sufficient in natural gas, and the following things have happened: the gas price has fallen; investment in renewables has dropped ; and the global gas market has noticed, with extra supplies of gas that would have been destined for the states...

Full article: http://www.foe.co.uk/blog/lawson_shale_gas_34688.html

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