The Abundance of Natural Gas is a Double-Edged Sword

1

The newfound abundance of natural gas carries with it a few main issues, some good, some bad, which I abbreviate as follows:

1) Good news: It holds the potential to lessen the cost and environmental impact of our energy consumption for at least the short term.

2) Bad news: That lowering of costs will make the R&D of renewables less attractive. The consumption of natural gas, a fossil fuel, increases the concentration of CO2 in our atmosphere, contributing to climate change. To the degree that natural gas reduces our exploration of clean energy sources, it’s actually causing more harm than good overall.

3) Bad news: Fracking, which makes the whole enterprise of natural gas so appealing, is highly controversial. I hope you’ll take a few minutes and check out this video.

About Author

Walter’s contributions to CleanTechies over the past 4 years have been instrumental in growing the publications social media channels via his ongoing editorial and data driven strategies. He is the founder and managing director of Sunflower Tax, a renewable energy tax and finance consultancy based in San Diego, California. Active in the San Diego clean technology community, participating in events sponsored by CleanTech San Diego, EcoTopics, and Cleantech Open San Diego, Walter has also been a presenter at numerous California Center for Sustainability (CCSE) programs. He currently serves as an adjunct professor at the University of San Diego School of Law where he teaches a course on energy taxation and policy.

  • http://www.ukcommercialgas.co.uk/ Martin@Commercial Gas Engineer

    The video is really shocking and must say believable but a solution must be crafted to fight the phenomenon or else might result in catastrophic results