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Coal Makes A Comeback In Europe As Conventional Gas Dries Up
Europe is in a quandary. For years, it has claimed to be a global leader in fighting climate change and slashing carbon emissions. Now it finds itself running out of conventional gas and turning back to dirty coal. With its conventional gas fields nearly depleted and gas prices four times higher than in the United States, Europe would like to develop a thriving shale gas industry, but that seems unlikely in the near term. –Arthur Max, Midwest Energy News, 3 April 2013
The EU’s energy commissioner warned Germany not to rule out fracking, a controversial method of drilling for natural gas – saying it could hurt the country’s competitiveness, in an interview published on Tuesday. Günther Oettinger, Germany’s designated EU commissioner, criticised his country’s scepticism of fracking, telling the Frankfurter Allgemeine Zeitung that research had fallen victim to the “emotional” debate over the issue. In his interview with FAZ, Oettinger said Germany must be prepared to take certain risks to remain competitive – and would be wise not to discount fracking altogether. –The Local, 2 April 2013
2013-04-05 00:49:01
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