Energy expert Yergin: Shale gas here to stay
Energy expert Yergin: Shale gas here to stay
By Andrew Maykuth, The Philadelphia InquirerSept. 26--Daniel Yergin, one of the most influential voices in the world of energy, says shale gas is here to stay.
"Shale gas has come on really fast," Yergin, an author and energy analyst, said in an interview Monday. "But people don't realize it's 30 percent of our gas production. It's not a question of whether to do it or not. It's happened."
Yergin, who is a member of a presidential shale-gas advisory commission, said it's important to develop resources like Pennsylvania's Marcellus Shale "responsibly," adhering to best environmental practices while responding to local community concerns.
Yergin is in Philadelphia to speak Monday night at the Free Library, where he is promoting his latest book, The Quest, a comprehensive examination of the energy business. Yergin won the Pulitzer Prize in 1992 for a history of the oil industry, The Prize, and is chairman of IHS Camridge Energy Research Associates.
Natural gas from shale formations, which is extracted using a process called hydraulic fracturing, is only one component in a diversified energy universe, including fossil fuels, renewable energy and energy conservation, Yergin said.
But shale-gas has the potential to rapidly reorder the energy world, he said.
"Shale gas really could change the economics across the energy realm," he said. "It's a relatively low-carbon, low-cost fuel."
He said the growth of natural gas supplies will mostly affect electricity production and the petrochemical industries, though he sees only limited applications as a motor fuel, as some natural gas advocates are proposing.
Environmental opposition has developed almost as swiftly as the market share for shale gas. "The opposition and criticism has come very fast, too," he said.
Yergin is a member of President Obama's energy subcommittee that examined shale-gas. The committee in August called for improvements to hydraulic fracturing process, but disappointed anti-drilling activists by endorsing shale-gas development.
He will speak on a broad range of energy topics at 7:30 p.m. at the Free Library of Philadelphia, 1901 Vine St.
For more information, click here.
Contact staff writer Andrew Maykuth at 215-854-2947 or amaykuth@phillynews.com.
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http://www.istockanalyst.com/business/news/5440241/energy-expert-ye...
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Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
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(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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