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Robert W. Kolb reveals how new gas resources are transforming the global energy industry, redistributing economic and geopolitical power in stunning ways. Kolb’s The Natural Gas Revolution explains the new promise of natural gas to stimulate economies and enrich human life — and objectively assesses the major environmental risks that accompany fracking, horizontal drilling, and today’s massive new LNG infrastructures. He places natural gas in broader context, clearly and carefully explaining what it will really mean to global economics, geopolitics, investors, the environment, and consumers. He explains the key technologies that have enabled access to huge new natural gas sources, and illuminates the remarkable implications of larger, more widely distributed, and more environmentally-friendly hydrocarbon resources. You’ll find thoughtful and objective answers to questions such as: Will natural gas permit a more orderly transition to solar and other renewables? Will “fracking” and horizontal drilling poison the aquifers cities depend on for clean drinking water? Will “fracking” increase earthquake risks? Next, Kolb explains how the natural gas revolution is roiling world energy markets, predicts their response to today’s wild price imbalances, and identifies surprising implications — for example, a potentially faster transition to cleaner transportation. He concludes by identifying nations and regions that may achieve unexpected energy independence from current suppliers — and even become exporters. This book will be indispensable to anyone interested in the latest developments in energy, international relations, and global business: citizens, investors, and policymakers alike.
Chapter 1 To the Brink of Innovation 27
Chapter 2 They Call It a Revolution 45
Chapter 3 Liquid Natural Gas and the World Gas Revolution 73
Chapter 4 Environmental Costs and Benefits 101
Chapter 5 The United States and China 133
Chapter 6 The World’s Other Large Economies 159
Chapter 7 The Other Contending Nations 191
Chapter 8 The Next Energy Revolutions 221