- Subject: Can Shale Gas Go Global? http://bit.ly/XFPjSi
An exclusive, live webinar from The Energy Collective
February 28 at 1pm EST / 10am PST http://bit.ly/XFPjSi
The International Energy Agency now projects that North America will be energy self-sufficient by 2020, with the U.S. becoming the world's largest producer of both natural gas and oil. . In 2000, shale gas accounted for only 1% of all US natural gas production. Today, it accounts for almost a quarter, and by 2035, it will be over half. The resulting low cost of natural gas has turned the US into an energy-exporting nation, has transformed states like North Dakota into boom areas and is in the process of driving coal out of business. The geopolitical, economic, and environmental ramifications of this new development are just coming into view.
Countries across the globe are now looking to the United States to see if they should develop their shale gas resources. Cheaper natural gas is shifting the geopolitical power balance between the EU and Russia. China’s shale reserves are supposedly larger than those in the US, with Argentina not far behind. Countries like Mexico, South Africa and Australia could also benefit. But will the myriad risks, from increased carbon emissions to water contamination and potential earthquakes, outweigh the benefits?
With the political, social and economic fallout still up in the air, The Energy Collective brings you a webcast focused on exploring what this means. Among other issues, we'll also discuss:
What are the policy roadblocks in different countries to more hydraulic fracturing? Can the opposition of environmental groups be overcome?
What are the geopolitical considerations? How is OPEC reacting to this development?
What does the changing landscape of fossil energy production in the U.S. portend for energy policy globally?
Don't miss this free webinar! http://bit.ly/XFPjSi
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