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A NEW ENERGY OPTION: North America’s New Natural Gas Resources And Their Potential Impact On Energy and Climate Security

A NEW ENERGY OPTION: North America’s New Natural Gas Resources And Their Potential Impact On Energy and Climate Security

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Published by cleanskies
This paper provides a general introduction to the unprecedented increase in North America’s natural gas supplies that new technologies have made possible—supplies that exceed 100 years at current consumption levels. The Paris-based International Energy Agency (IEA) recently called this a “revolution” that will have a global impact.
This very large, low-carbon energy resource could provide the United States and other countries with significant new options for reducing greenhouse gas (GHG) emissions. Natural gas can generate electricity with less than half the CO2 emissions of coal; transportation vehicles powered by natural gas release about twenty-five percent less global warming pollution than gasoline powered ones.
This paper provides a general introduction to the unprecedented increase in North America’s natural gas supplies that new technologies have made possible—supplies that exceed 100 years at current consumption levels. The Paris-based International Energy Agency (IEA) recently called this a “revolution” that will have a global impact.
This very large, low-carbon energy resource could provide the United States and other countries with significant new options for reducing greenhouse gas (GHG) emissions. Natural gas can generate electricity with less than half the CO2 emissions of coal; transportation vehicles powered by natural gas release about twenty-five percent less global warming pollution than gasoline powered ones.

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Published by: cleanskies on Sep 21, 2012
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05/13/2014

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A NEW ENERGY OPTION:
North America’s New Natural Gas ResourcesAnd Their Potential Impact OnEnergy and Climate Security
Working Paper ByGregory C. Staple, Esq.Joel L. Swerdlow, Ph.D.December 12, 2009
American Clean Skies Foundation750 1
st
Street, N.E., Ste. 1100Washington, D.C. 20002Tel: 202.682.6294
 © American Clean Skies Foundation 2009
 
 
 
 i
 
TABLE OF CONTENTS
PageI. Introduction.................................................................................................................... 1II. North America’s New Natural Gas Boom.....................................................................6A.
 
Future Estimates and Current Production..........................................................6B.
 
Technological Drivers......................................................................................14C.
 
 Natural Gas Is Cleaner Than Major Other Fuels.............................................16D.
 
Local Environmental Concerns........................................................................18III. Implications For U.S. Climate Change Legislation....................................................22A.
 
Overview of U.S. Cap-and-Trade Bills............................................................23B.
 
The Debate Over Natural Gas..........................................................................26C.
 
The Case For Fuel-Switching Incentives.........................................................29IV. International Implications...........................................................................................35A.
 
The Liquefied Natural Gas (LNG) Market......................................................35B.
 
Global Shale Gas Resources............................................................................37C.
 
 National Gas Developments: China, India and Israel......................................40V. Conclusion...................................................................................................................43EndnotesAbout The American Clean Skies Foundation

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