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Claim: Cheap energy stimulates the economy too much – Natural Gas will not reduce CO2

Eric Worrall writes: A new study published in Nature has revealed that switching to cheap Natural Gas will not reduce CO2 significantly, because all that cheap energy will stimulate the economy so much that we will all use more energy. According to the abstract; “The most important energy development of the past decade has been…

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Study: Fracked shale gas impacts have positive and negative benefits, but there’s no reason not to make it part of the energy mix

From The University of Manchester: Fracking’s environmental impacts scrutinised Greenhouse gas emissions from the production and use of shale gas would be comparable to conventional natural gas, but the controversial energy source actually faired better than renewables on some environmental impacts, according to new research. The UK holds enough shale gas to supply its entire…

More Fun with Oil and Gas

Guest Post by Willis Eschenbach Well, having had such a good time with M. King Hubbert meeting the EIA, I thought I’d toss out another puzzle. This one is inspired by a statement from the King himself that someone quoted in that thread, viz: “A child born in the middle 30s,” Hubbert told reporters, “will…