Boom in American Liquefied Natural Gas Is Shaking Up the Energy World
Jason Bordoff said that Forcing Russia to compete in a more competitive gas market in Europe
and giving European consumers alternative sources of supply significantly weakens Russia’s geopolitical influence in Europe,
Tim Gould said that In many cases the increased use of gas, particularly in some of the importing markets in Asia,
has the potential to displace coal, so it can play a very positive role in mitigating the growth of emissions,
Maarten Wetselaar said that In the near term, gas will replace coal, in the medium term it will partner with renewables,
16, 2017
HOUSTON — A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter,
taking the country a giant leap toward the goal of energy independence declared by presidents for half a century.
is going to completely upset the apple cart of world energy politics and the global competition of fuels
that is still hard for people to comprehend," said Amy Myers Jaffe, an energy security expert at the Council on Foreign Relations.
Energy experts are predicting that the transformation will weaken Russia’s dominance over European power markets, help clean the air in cities across China
and India by replacing the burning of coal and eventually provide cheaper and cleaner fuel to African villages.