Shale Gas Revolution Rocks Green Energy Policy

Colin McClelland, Bloomberg Cheap, low-emission shale gas, with double the global reserves of conventional sources, will discourage investment in nuclear reactors and carbon storage that would fight climate change, a British study shows. “In a world where there is the serious possibility of cheap, relatively clean gas, who will commit large sums of money to expensive pieces of equipment to lower carbon emissions?” Paul Stevens, senior research fellow at Chatham House, a London- based institute for the study of international affairs, wrote in the report published today.