February 22, 2013

Don't Count on Shale for Our Energy Salvation

Bill Richardson, Financial Times


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Every US president since Richard Nixon has trumpeted the benefits of energy independence and outlined strategies to end fuel imports, including investing in renewables, nuclear, biofuels and coal. But today, with advances in drilling technologies and the recent surge in the development of oil and gas from shale rock, the country is inching closer to the elusive goal. “After years of talking about it,” said President Barack Obama in his State of the Union address, “we are finally poised to control our own energy future.”

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TAGGED: Renewable Energy, Oil, Natural Gas, Carbon Emissions, Shale Gas

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