Good morning all! Things are a little bit quiet on my front today so I thought I would share some of the interesting bits of news / things on the internet this morning.
Secondly, an interesting piece on The Conversation on the fact that Peter Voser (outgoing Chair of Shell) says getting into shale gas in the US is his biggest regret. Say what?!
There is no doubt gas is a much cleaner fuel than coal in all sorts of ways, and a preferable one if it can be delivered to market at scale in a cost effective way. It could conceivably help attain climate objectives if used as a bridging fuel, providing fugitive emissions are held in check. But to do so, requires a sustained coal-to-gas replacement path in the short-medium term.
With the latest reports out of EIA, and Voser’s mea culpa, unconventional gas is not looking quite the sure bridge it was just a few months ago.
For the outgoing Chair of Shell to say that the shale gas revolution in the States isn't necessarily the revolution we were expecting, one has to wonder...
What have you read this morning that has caught your eye??