Saturday, September 13, 2008

Pickens' Natural Gas Nonsense

JunkScience.com -- Steven Milloy, Publisher
The natural-gas supply problem will be additionally magnified if significant greenhouse-gas regulation is enacted.

Here's how: Currently, when natural gas gets too expensive, electric utilities often substitute coal or cheaper fuels for power generation.

Under a greenhouse-gas regulation scheme, however, inexpensive coal might no longer be an alternative because of the significantly greater greenhouse-gas emissions involved with its combustion.

Utilities, and ultimately consumers, could easily find themselves at the mercy of natural-gas barons -- like T. Boone Pickens himself, a large investor in natural gas.

Is that the real "Pickens Plan?"

No comments: