by Torchwood » Sun Jul 03, 2011 12:55 pm
This is the carbon age - not only does it drive prosperity, it even feeds the world (half the nitrogen fixed comes from natural gas).
Nuclear is off the agenda, renewables can only supply a fraction of the energy needs, and cheap solar is at least a decade away. As long as methane leaks are contained, gas emits far less carbon per joule/BTU than oil or especially coal. What alternative do you want, Tinker?
It's a live issue in Europe as well - a shale gas boom has started in Poland, which seems to have the biggest reserves, and also potential in Hungary, Romania, Bulgaria and Germany. Until now natural gas prices have not delinked from oil as they have in the US. The UK does not seem to have much onshore, but a lot offshore (which is probably too expensive at present).
Pessimism is the soft option.