SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (8599)5/28/2009 8:49:12 AM
From: jrhana  Read Replies (1) | Respond to of 86350
 
I believe that the hold up is largely political and educational. I don't believe the general public is aware of the size of these deposits. And there is opposition from various sources including some misguided environmental opposition.

It could be that the coal industry is playing a part.

<Currently in Washington, the coal lobby is winning in “a game of trying to buy enough votes. And the game is getting rigged; the coal industry is better at playing that game than the natural gas industry. And my concern right now is that we’re going to see legislation that has the unintended consequence of allowing the continued use, and perhaps greater use, of coal to the disadvantage of natural gas.

“If you left the playing field level…natural gas will win. But politicians will have a way of gaming the rules so market-based outcomes are not always the ones that are realized.”>

Message 25671786