Energy

Shale Gas Isn’t Cleaner Than Coal

Energy Investing

NY Times reports that according to Cornell University researchers, natural gas pried from shale formations is actually dirtier than coal in the short term.

NY Times reports that according to Cornell University researchers, natural gas pried from shale formations is actually dirtier than coal in the short term.

The market news is quoted as saying:

That finding — fiercely disputed by the gas industry — undermines the widely stated belief that gas is twice as “clean” as coal in terms of greenhouse gas emissions. The gas industry has promoted that concept as a way for electric utilities to prepare for climate change regulations by switching from coal-fired plants to gas.

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