Dr. Benny Peiser 19.01.2012 19:23 +Feedback
Renewables must give way to ‘natural gas revolution’
We will not run out of cheap fossil fuels for a long time and there are much better replacements than renewables, when it does happen, argues Benny Peiser: The International Energy Agency estimates that supplies of natural gas are likely to last more than 250 years. Indeed, gas prices have dropped by half in the United States in the last two years as a result of a glut in cheap shale gas. Now, another energy revolution may be underway. Methane hydrate is natural gas that is locked in ice. Huge amounts of this unconventional form of natural gas are potentially available for utilisation as soon as technologies to produce them become economically viable. Methane hydrates represent by far the largest source of hydrocarbons on earth. They are said to contain more energy than all other fossil fuels combined and are much cleaner than oil and coal. Global estimates “range from merely jaw-dropping to the truly staggering”, according to the American Department of Energy.
see also Energy Crisis? What Energy Crisis?
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