Shale gas simply exports expanding coal use elsewhere.

October 29, 2012 Climate, Coal, Gas 

Guardian: “Coal is enjoying a renaissance, with the highest consumption of the fuel since the late 1960s. The unexpected development threatens to put climate change targets out of reach – and much of the reason is the rise of a supposedly “green” fuel, natural gas. The controversial use of shale gas in the US, where it now makes up a quarter of electricity generation, has brought down carbon emissions there – but the greenhouse gases have simply been exported elsewhere, meaning no net gain for the planet, research by the Guardian and other sources has found. As gas power has replaced coal in the US, the excess coal has pushed down prices on world markets, sparking a bonanza for the high-carbon fuel. Last year, coal had its best year in more than four decades, according to the World Coal Association.”

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