Wednesday, May 30, 2012

'Golden age of gas' threatens renewable energy, IEA warns

Guardian: A "golden age of gas" spurred by a tripling of shale gas from fracking and other sources of unconventional gas by 2035 will stop renewable energy in its tracks if governments don't take action, the International Energy Agency has warned. Gas is now relatively abundant in some regions, thanks to the massive expansion of hydraulic fracturing – fracking – for shale gas, and in some areas the price of the fuel has fallen. The result is a threat to renewable energy, which is by comparison more expensive,...

URL: http://www.guardian.co.uk/environment/2012/may/29/gas-boom-renewables-agency-warns?newsfeed=true
Enclosure: http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2012/5/29/1338306694024/Gas-boom-may-end-support--008.jpg

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