'Tree' pid='61416' datel Wrote:Nat gas is not the driver toward the PC move toward lower emissions it was just a couple years ago. Gas is being politically bypassed to subsidized renewables. Just check out the move by our omniscient President. And don't forget the nukes. Cost matters, but being the most PC matters even more when you're spending other people's money and our Asian LNG market is PC. http://thehill.com/policy/energy-environ...imate-rule
Here's a quote from the link YOU provided that states NG will be a major part of the new energy policy:
"EPA head Gina McCarthy maintained that the administration is not trying to favor any power source over others.
“I don’t want you to get the impression that we are putting our finger on any particular type of energy generation,” she told reporters when asked about the role of gas. “If you take a look at the energy mix you’ll see that natural gas still remains a very strong part of the energy mix.”
And Jason Grumet, president of the Bipartisan Policy Center, argued that because gas generation will increase under the rule, the industry should be thankful."
My suspicion is many complaints about the new energy policy and NG's future role in America and the world's energy future are from the same people who six years ago claimed the new administration would shut down America's hydrocarbon industry. Ironic isn't it that this industry's current crisis came from within the industry itself as a result of the flood of new hydrocarbon production that has occurred in the USA over the past six years.
US demand and use of NG will continue to grow, notwithstanding renewables, albeit eventually at big coal's expense. Bottom line...many people will always find something to bitch and moan about, and far too many not finding something will just make it up.