The use of natural gas from fracking isn’t going to slow climate change say scientists in a new study just released.
It was thought that the increased use of natural gas from the fracking process would slow down climate change but the scenarios say otherwise. Figures pointing to the probability of the use of gas rising as high a much as 170% by 2050 would lead to a 2% decrease to an 11% leap in carbon emissions. The results were published in the journal Nature.
Another concern is that cheaper gas might shove cleaner energy sources to the side.
Nico Bauer, a co-author of the study and from the Potsdam Institute for Climate Impact Research stated that the hopes of natural gas helping in the reduction of global warming due to technical superiority to fules like coal are wrong due to market effects dominating.
Thanks to the techniques of horizontal drilling and hydraulic fracturing aka fracking, the access to new supplies of natural gas from shale formations has made the U.S. The now world’s largest natural gas producer. Natural gas is cleaner than burning coal.
The researchers, international in scope, used computer models which all corroborated the data. Five teams of researchers gathered this information using their various simulations.
Since they claim the increased use of natural gas won’t reduce the amounts of greenhouse gasses, it’s time for science and industry and government to come up with another set of plans.
The other concerns are with solar, wind, and other clean energy producing technologies. Each has grown multi-fold over the past few years generating new revenue as well as jobs.
With cheap and plentiful gas about it could change the face of many industries. Experts in finance and related issues have their own conclusions which aren’t in that much conflict with the results of this latest study.
It will take these experts, all of them to pool their research resources together to get a plan that meets the present challenge and that of challenges ahead before it’s too late.