Posts Tagged ‘Natural Gas’
Bigger GDP, Smaller Carbon Footprint
While GDP grew by 1.8% in ’11, carbon emissions fell by 2.4% and total energy consumption fell by 0.5%. Better yet, since ‘90, GDP has risen 66% while carbon emissions have risen just 9%! A major reason for this is the large decline in coal’s share of electricity generation, from 53% in ’90 to 43%…
Read MoreIt’s a Gas!
With the price of natural gas ($2.20/million BTUs) plumbing depths not seen in a decade, and the price of diesel fuel nearing an all-time high, Shell (and other large oil companies) are finally considering investing the necessary $10-$15 billion to build natural gas to diesel processing facilities in Louisiana. This potential investment shows that firms…
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