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The rapid proliferation of natural gas development has led to a variety of environmental concerns, such as air and water pollution, increased geological activity, and greenhouse gas emissions. A new paper from John Bistline, a doctoral candidate in Management Science and Engineering at Stanford University, investigates how “uncertainties in future natural gas prices, upstream methane emissions, the global-warming potential of methane, and the stringency of federal climate policy will influence optimal (GHG) abatement efforts” and the “future deployment of energy technologies.” Generating capacity decisions are made along long and largely uncertain planning horizons, and plants often come online into very… [more]
View InsightDirector, Stakeholder Relations/External Affairs
Brookhaven National Laboratory
Hydrofracking for natural gas in shale formations has generated a heated national debate, complicating and in some cases preventing efforts to extract the resource. Critics of hydrofracking cite the process’ uncertain environmental and geologic risks. Meanwhile, natural gas developers and policymakers have been working to identify and implement technical standards and best practices to overcome or reduce these risks to negligible levels. In my home state of New York, Governor Andrew Cuomo has said of hydrofracking: “Let’s get the facts. Let the science and the facts make the determination, not emotion and not politics.” I agree. State of the art… [more]
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