Post by waltc on Apr 14, 2011 11:29:47 GMT -6
As I said the devil is in the details. What on the surface appears to be a cool, promising technology turns out to be a toxic waste factory. Fracking for NG appears to fit this according to a soon to be released study from Cornell U.
Basically not only was T.Boone Pickens and the Greens full of shit in estimates of reserves(which takes about 10 minutes on google to figure that one out), but both were lying out their collective asses as to the ecological impact of fracking NG.
Guess ideology trumps truth once again for the Greens.
Links:
www.nakedcapitalism.com/2011/04/gas-from-fracking-more-damaging-to-climate-than-coal.html
www.newswise.com/articles/methane-leaks-can-make-fracking-gas-dirtier-than-coal-or-oil
www.nytimes.com/2011/04/12/business/energy-environment/12gas.html?_r=1
Excerpt from the NYT article:
Natural gas, with its reputation as a linchpin in the effort to wean the nation off dirtier fossil fuels and reduce global warming, may not be as clean over all as its proponents say.
Even as natural gas production in the United States increases and Washington gives it a warm embrace as a crucial component of America’s energy future, two coming studies try to poke holes in the clean-and-green reputation of natural gas. They suggest that the rush to develop the nation’s vast, unconventional sources of natural gas is logistically impractical and likely to do more to heat up the planet than mining and burning coal.
The problem, the studies suggest, is that planet-warming methane, the chief component of natural gas, is escaping into the atmosphere in far larger quantities than previously thought, with as much as 7.9 percent of it puffing out from shale gas wells, intentionally vented or flared, or seeping from loose pipe fittings along gas distribution lines. This offsets natural gas’s most important advantage as an energy source: it burns cleaner than other fossil fuels and releases lower carbon dioxide emissions.
Basically not only was T.Boone Pickens and the Greens full of shit in estimates of reserves(which takes about 10 minutes on google to figure that one out), but both were lying out their collective asses as to the ecological impact of fracking NG.
Guess ideology trumps truth once again for the Greens.
Links:
www.nakedcapitalism.com/2011/04/gas-from-fracking-more-damaging-to-climate-than-coal.html
www.newswise.com/articles/methane-leaks-can-make-fracking-gas-dirtier-than-coal-or-oil
www.nytimes.com/2011/04/12/business/energy-environment/12gas.html?_r=1
Excerpt from the NYT article:
Natural gas, with its reputation as a linchpin in the effort to wean the nation off dirtier fossil fuels and reduce global warming, may not be as clean over all as its proponents say.
Even as natural gas production in the United States increases and Washington gives it a warm embrace as a crucial component of America’s energy future, two coming studies try to poke holes in the clean-and-green reputation of natural gas. They suggest that the rush to develop the nation’s vast, unconventional sources of natural gas is logistically impractical and likely to do more to heat up the planet than mining and burning coal.
The problem, the studies suggest, is that planet-warming methane, the chief component of natural gas, is escaping into the atmosphere in far larger quantities than previously thought, with as much as 7.9 percent of it puffing out from shale gas wells, intentionally vented or flared, or seeping from loose pipe fittings along gas distribution lines. This offsets natural gas’s most important advantage as an energy source: it burns cleaner than other fossil fuels and releases lower carbon dioxide emissions.