Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, February 22, 2013

The Energy Collective Can Shale Gas Go Global?

The
Energy Collective
Can Shale Gas Go Global?
An exclusive, live webinar from The Energy Collective
February 28 at 1pm EST / 10am PST

The International Energy Agency now projects that North America will be energy self-sufficient by 2020, with the U.S. becoming the world's largest producer of both natural gas and oil. . In 2000, shale gas accounted for only 1% of all US natural gas production. Today, it accounts for almost a quarter, and by 2035, it will be over half. The resulting low cost of natural gas has turned the US into an energy-exporting nation, has transformed states like North Dakota into boom areas and is in the process of driving coal out of business. The geopolitical, economic, and environmental ramifications of this new development are just coming into view.
Countries across the globe are now looking to the United States to see if they should develop their shale gas resources. Cheaper natural gas is shifting the geopolitical power balance between the EU and Russia. China's shale reserves are supposedly larger than those in the US, with Argentina not far behind. Countries like Mexico, South Africa and Australia could also benefit. But will the myriad risks, from increased carbon emissions to water contamination and potential earthquakes, outweigh the benefits?
With the political, social and economic fallout still up in the air, The Energy Collective brings you a webcast focused on exploring what this means.
Don't miss it and Register Now!

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