03 Jun '12, 3pm

Dirty Energy Lobby Wins In EU – Shale Gas Now Considered “Green Energy”

A new gas-fired power station would be expected to have a useful life of about 25 to 40 years. So although switching from coal to gas would help countries meet their short term emissions targets, in the longer term they would be left with fleets of redundant, high-emitting fossil fuel power stations – unless they were fitted with expensive technology to capture and store the carbon dioxide underground. However, this technology is still unproven and it is likely to be decades before it can be widely used. The economics of the technology are highly uncertain, and renewable companies argue that the assumptions used by the European Gas Advocacy Forum to show that the fossil fuel is cheaper than renewables do not stand up to scrutiny. Shale gas is controversial because it requires large amounts of water to release it from rocks, and the use of potentially dangerous chemicals th...

Full article: http://www.desmogblog.com/dirty-energy-lobby-wins-eu-shal...

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