03 May '11, 7pm

Can the Natural Gas Industry and Environmentalists Play Together

Can the Natural Gas Industry and Environmentalists Play Together

Natural gas is the pivot point around which the energy debate revolves today: Cheap gas means renewables struggle, but no gas means more coal. Robert F. Kennedy, Jr., Al Gore and other big thinkers say cleaner burning natural gas is a bridge from the harms of coal to mid-century, when the cost and scale of renewables will be adequate to meet demand. New, more accurate hydrofracturing (fracking ) drilling techniques have opened up enormous, previously inaccessible shale deposits, providing abundant, irresistibly low-cost supplies. T. Boone Pickens insisted during a panel on energy security at The Milken Institute Global Conference: Shaping the Future that there is “twice as much oil as the Saudis have” in U.S. shale deposits. Even the accepted estimate of 2,000 trillion cubic feet of shale gas reserves (only half of Pickens’ own estimate) means, he said, “more than 300 bill...

Full article: http://www.greentechmedia.com/articles/read/can-the-natur...

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