Green Hydrogen Nail, Meet Shale Gas Coffin (& Nuclear Could Be Next)
Presidents come and go, but the green hydrogen trend is here to stay, and that spells bad news for US shale gas exporters.
Presidents come and go, but the green hydrogen trend is here to stay, and that spells bad news for US shale gas exporters.
I was discussing the dramatic drop in coal use in the US and the dramatic rise in renewable energy production and one of my many conservative friends* referred me to this report to explain why physics proves that there is no way we can transition to renewable sources affordably, that all the innovation is coming on the fossil fuel side, and that renewables have hit a brick wall and won’t be improving much at all.
The UK has imposed a moratorium on shale gas fracking in the country effective immediately, dealing a stunning blow to the shale gas industry.
Researchers at Cornell are able to prove that much of the increased methane in the atmosphere comes from fracking operations. Now that we know, what will we do about it?
The following is a summary of comments made by Jon Moore, CEO of BNEF, from the recent The Future of Energy EMEA Summit.
The Energy Department is fully onboard with the rollback of fuel economy standards by the Trumpeters, saying in a memo that America has so much domestically produced oil it doesn’t need to conserve it any longer. Oh, happy day!
With fracking about to recommence in the UK after 8 years, social entrepreneur and writer Jeremy Leggett reviews the short but troubled history of fracking in the US. In a devastating slide presentation, he pictures the shale gas industry as a dirty, multi-hundred-billion-dollar doomed-to-burst debt bubble. And he predicts a similar fiasco in the UK.
An abundant supply of cheap shale gas from fracking is driving a boom in plastics production worldwide, threatening the environment with more than 34 billion tons of plastic waste.
Plans for onshore shale gas extraction – or rather high volume hydraulic fracturing (HVHF) or fracking – are proving to be somewhat explosive in the UK.
Yet another study confirms the US coal industry collapsed mainly due to competition from cheap natural gas, not from pesky meddling by EPA.