First, a little context: What you see on the left is the flaring of natural gas from oil rigs, in this case in Iraq. It is a problem all over the world though. Flaring is but one part of the problem of how “fugitive” natural gas greatly exacerbates the climate crisis. There is an awful lot of anthropogenically produced methane in the world that escapes into the atmosphere every year: about 7.13 billion tons of carbon dioxide equivalent in 2013 according to the excellent Climate Access Indicators Tool (CAIT) of the World Resources Institute. That was about 15% of the total of all the greenhouse gases produced that year, including those from land use changes like deforestation. Continue reading
He had quite a bit to say about the Geopolitics of the Global Energy Revolution. Ambassador Pascual, a greatly experienced and articulate man, led us on a tour of some of the most salient issues in global energy. He highlighted what he thought were “five revolutions” that are underway in supply transformation, emerging market demand, “liquid gas,” clean power, and energy access. Continue reading
I’ve had a busy end of the summer with a great vacation out West, plus getting squared away back home, getting ready for my NYU teaching assignment and performing various tasks relative to the forthcoming book. I’ve been meaning to write about natural gas, having saved some interesting items to highlight and discuss from earlier in the summer. I’ll do that soon, particularly as I have an engagement in a couple of weeks to speak about fracking and natural gas on a panel sponsored by the UN Association.