Energy

Energy Source – How we power the world

News of a “monster” natural gas find last month in British Columbia has one again highlighted that North Americans need to make a choice. Do we want to keep the huge volumes of natural gas that have been discovered in recent years across the continent landlocked and transportable only by pipeline, or should we develop the infrastructure that will enable us to transport this fuel to the gas-hungry markets of Asia?

Both options come with advantages and drawbacks, of course. Keeping the fuel landlocked will keep prices depressed, likely so much so that many producers will be unable to turn a profit and will shut up shop. Building the infrastructure to transport natural gas to faraway shores is expensive, but more importantly it would commit the continent to a future of fracking, liquefying, and exporting natural gas, a decision that carries heavy environmental repercussions.

via Energy Source – How we power the world – Forbes.

Categories: Energy