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12/14/12, "Doha's politics of envy," The Australian, Graham Lloyd, Environment Editor
"The shale gas revolution has staggering ramifications for the climate change response and the future of global politics. "The
global balance of power is being permanently transformed before our
eyes," former Thatcher government energy minister Nigel Lawson says.
Known
shale gas reserves will supply the US with more than 100 years of gas
at today's consumption rates. For the world as a whole, technically
recoverable gas resources are now conservatively estimated at about 250
years' supply.
What does this have to do with Doha and the UN
climate change talks? Lower US gas prices and the substitution of oil
and coal for power generation has seen the US cut carbon dioxide
emissions by 14 per cent, or about 800 million tonnes since 2007, to
their lowest level for 20 years.
It is a performance unrivalled by Europe or other lead actors in the UN climate change response.
And
it is an outcome that goes uncelebrated by the environment movement
more broadly because of the threat it poses to its favoured view of the
world's future energy supplies, wind and solar....
Writing
in Britain's The Guardian newspaper, Michael Jacobs, a visiting
professor in the Grantham Research Institute on climate change and the
environment at the London School of Economics, has articulated clearly
the "business as usual" green politics approach."...
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