Interest in hydrates has skyrocketed in recent years because global deposits are thought to harbor more fuel energy than all the world's coal, oil and
natural gas reserves combined.
Not exact matches
Given the vastness of the world's marine methane hydrate deposits — more than twice the carbon
reserves of all other fossil fuels
combined — it's not surprising that government agencies and the petroleum and
natural gas industries have long been interested in harvesting this new energy supply.
This «fraccing»,
combined with horizontal drilling, produced the
natural gas boom that has transformed North America's energy landscape, increasing
natural gas reserves to a level high enough to supply current consumption levels for more than 100 years.
This matters because there is a huge amount of carbon currently locked up in permafrost, and the methane hydrates alone contain more carbon than all of Earth's proven
reserves of coal, oil, and
natural gas combined.