Source : Spectra Energy Watch
The gas industry and its acolytes promise untold benefits from a shale gas boom – a new world that is breathtaking in scope. This must be Oz.
For example, Amy Myers Jaffe, a scholar in energy studies at the James A. Baker III Institute for Public Policy at Rice University suggests that the global shale gas boom could help achieve the following:
- “… prevent the rise of any new [energy] cartels”
- Perhaps “lead Tehran to tone down its nuclear efforts.”
- “… domestic shale gas for China may help integrate Beijing into a Pax American global system.”
In the words of a blunt colleague, “Somebody in this room is smoking dope.”