Superb investigative journalism by the New York Times has brought the paper under attack by the natural gas industry. That campaign of intimidation and obfuscation has been orchestrated by top shelf players like Exxon and Chesapeake aligned with the industry's worst bottom feeders. This coalition has launched an impressive propaganda effort carried by slick PR firms, industry funded front groups and a predictable cabal of right wing industry toadies from cable TV and talk radio. In pitting itself against public disclosure and reasonable regulation, the natural gas industry is once again proving that it is its own worst enemy. I confess to being an early optimist on natural gas. In July of 2009, I wrote a widely circulated op-ed for the Financial Times predicting that newly accessible deposits of natural gas had the potential to rapidly relieve our country of its deadly addiction to Appalachian coal and end forever catastrophically destructive mountaintop removal mining. At that time, government and industry geologists were predicting that new methods of fracturing gas rich shale beds had provided access to an astounding 2000-5000 trillion cubic feet of natural gas in the lower 48 -- enough, they claimed to power our country for a century. These rich reserves might have allowed America to mothball or throttle back our 336 gigawatts of mainly antiquated and inefficient coal fired electric plants replacing them with underutilized capacity from existing gas generation plants. That transition could reduce U.S. mercury emissions by 20%-25%, dramatically cut deadly particulate matter and the pollutants that cause acid rain and slash America's grid based CO2 by an astonishing 20% -- literally overnight! Gas could have been a natural companion for wind and solar energy with its capacity to transform variable power into base load, and could have been a critical bridge fuel to the new energy economy rooted in America's abundant renewables.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment