Moreover, the International Energy Agency found that
a large natural gas boom, even with practices to reduce methane leakage, would still put us on track for an unsustainable global temperature rise of 3.5 degrees Celsius.
Not exact matches
A product of the
largest private equity deal ever, Energy Future (formerly TXU) is heavy with debt and struggling to compete, since the
boom in
natural gas production has put a lid on electricity prices.
The push by the U.S. energy industry into hydraulic fracking and horizontal drilling unleashed an energy
boom, making the United States the world's biggest producer of
natural gas and just recently the second -
largest producer of oil, surpassing Saudi Arabia.
In its highly anticipated Annual Energy Outlook 2018, the agency forecasts that the U.S. will become a net exporter of energy by as early as 2022, thanks in
large part to the
boom in shale oil and liquefied
natural gas (LNG) production as well as the relaxation of export restrictions.
Adding a third commodity to the resources
boom, Australia could become the world's
largest exporter of liquefied
natural gas (LNG) by 2018, the Australian Business Times reported.
As of 2011, the United States had already achieved a 9 percent reduction in economy - wide CO2 emissions since 2005, thanks in
large part to the
boom in
natural gas.