Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I've seen the damage that fracking does. I see shale gas as a bubble to.  But, I think that in the short term it's lowered gas prices enough that it's having a huge impact in the market for new wind farms in the US. The fear that I have is that countries that rely upon shale gas to delay the development of renewables are going to end up in a situation where shale gas is either depleted, or finally gets shut down due to the environmental damage it does.  And the contraction of the gas supply drives up electric prices, but there is a reticence to develop new projects because of the market history.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
by ManfromMiddletown (manfrommiddletown at lycos dot com) on Mon Jan 30th, 2012 at 06:27:20 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series