Obama’s climate plan relies on natural gasJune 26, 2013
President Obama’s climate action plan has and will continue to receive a lot of criticism. It is really more of an outline than a plan at this point, but one thing is absolutely clear: it relies heavily on natural gas. And the only way we can rely on natural gas is if we expand fracking to take advantage of our vast resources of natural gas. Which is why the new finding on the exceptionally high EROI of shale gas is such a profound story. Shale gas is cheap, plentiful, efficient and (relatively) environmentally sound. Shale gas is driving a renaissance in US manufacturing and it is making political bedfellows out of fossil fuel advocates and environmental activists alike. It may well prove to be the single most important development of the 21st century.