The boom in natural gas production has undeniable benefits for the United States.
But two policy analysts argue that embracing a monolithic energy future dominated by gas will mean the loss of a golden opportunity: Leveraging cheap, abundant gas to create a sustainable future based on renewable power.
I think I smell marijuana smoke.
“Whatever the factors that could lead to increases in
natural gas prices . . . these factors are fundamentally an argument for rather than against renewable energy expansion. Renewable energy’s zero-fuel-cost realities operate as a hedge against fluctuating fuel prices.”
The hedge against future rising natural gas prices is . . .
Wait for it . . .
COAL
At least the article was honest enough to barely admit that it is the EPA’s contribution to make coal prohibitively expensive. As for those zero-fuel-cost realities, a study for the UK reveals that a wind program with minimial gas back-up would have capital costs of 124 billion pounds vs a gas only component of 13 B pounds. They apparently forgot to put that in their bong and smoke it.