Lessons from the Shale Revolution

Lessons from the Shale Revolution
A Report on the Conference Proceedings

The ability to economically extract natural gas and oil from shale is one of the biggest events in energy since the 1973 OPEC oil embargo. For almost a decade, Breakthrough Institute has sought to understand the origins of the shale revolution, primarily for environmental reasons. In January of this year, Breakthrough hosted a workshop to explore the history of the shale revolution, convening the people who created it and some of the world’s leading innovation economists and scholars. The goal of the two-day-long workshop was to interrogate the shale case and ask how it could inform future scholarship on economics, innovation, energy, and the environment. The discussion’s major findings are summarized in the report Lessons from the Shale Revolution: A Report on the Conference Proceedings. Following the release of the report, Senior Innovation Analyst Loren King wrote at Greentech Media about what clean energy technology can learn from the shale case study, and contributed an oped at The Hill on why innovation in the 21st century requires less dogmatism and more acceptance of risk on both the Left and the Right. 
by Loren King, Ted Nordhaus, and Michael Shellenberger http://thebreakthrough.org/index.php/issues/natural-gas/lessons-from-the-shale-revolution