Fracking for... Clean Power?

Keith Kohl

Written By Keith Kohl

Posted August 26, 2015

I know how counterintuitive it sounds to say that fossil fuel production — especially through fracking as the U.S. has done in its shale plays — will help lower emissions.

Yet here’s the thing… it already has!

Even before President Obama proposed his original draft of the current Clean Power Plan, the shale boom was well underway and cutting U.S. emissions rates.

Last year, the U.S. surpassed even Russia and Saudi Arabia in oil production, and remains the world’s largest shale oil producer. This has induced a glut of both oil and natural gas which, despite dropping prices for each of those products, has helped the country’s economy and energy sector.

More oil means more available refined crude and petroleum products to sell on the global markets. And the glut of natural gas has boosted the U.S.’s energy independence and reduced energy costs to between 30% and 50% lower than that of foreign competitors.

It has also made the country the top carbon emissions reducer in the world. According to the American Petroleum Institute, this is due to the high volume of investment from the oil and gas industry into emissions reduction technology.

Clean FrackingIn the case of natural gas, I’m sure you can see why this is important: the less gas that is emitted into the air, the more gas saved for companies to sell.

The Clean Power Plan calls for a 32% reduction in carbon emissions from 2005 levels by 2030. However, the onset of fracking has already reduced emissions by 26% since 2007. Some believe the goals set by the plan could be achieved without actual government encouragement, and instead by the power of market forces and innovation.

Fracking for fossil fuels has grown the economy about 50% in the last 27 years, and according to the Boston Consulting Group, the same technology could help improve U.S. manufacturing to a higher quality than that of China.

Now, the oil and gas markets are low right now. But consumer spending isn’t, and refined crude and petroleum products are getting better. Not to mention the use of natural gas as a cleaner energy source continues to aid both emissions levels and energy costs.

It may be a stretch to say the Clean Power Plan won’t help cut emissions further, but it would be downright foolish to cut the use of fracking for fossil fuels out of the mix.

To continue reading…

Click here to read the Forbes article.

Until next time,

Keith Kohl Signature

Keith Kohl

follow basicCheck us out on YouTube!

A true insider in the technology and energy markets, Keith’s research has helped everyday investors capitalize from the rapid adoption of new technology trends and energy transitions. Keith connects with hundreds of thousands of readers as the Managing Editor of Energy & Capital, as well as the investment director of Angel Publishing’s Energy Investor and Technology and Opportunity.

For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream — from the shale oil and gas boom in the United States to the red-hot EV revolution currently underway. Keith and his readers have banked hundreds of winning trades on the 5G rollout and on key advancements in robotics and AI technology.

Keith’s keen trading acumen and investment research also extend all the way into the complex biotech sector, where he and his readers take advantage of the newest and most groundbreaking medical therapies being developed by nearly 1,000 biotech companies. His network includes hundreds of experts, from M.D.s and Ph.D.s to lab scientists grinding out the latest medical technology and treatments. You can join his vast investment community and target the most profitable biotech stocks in Keith’s Topline Trader advisory newsletter.

Angel Publishing Investor Club Discord - Chat Now

Keith Kohl Premium

Introductory

Advanced

Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.