The unconventional oil and gas boom has shaken up energy markets in the U.S. and beyond. Across many American states, the energy sector is experiencing a number of changes far larger than in its history including improvements in policies, business models, technologies, and investment options to make energy cleaner, more plentiful and diversified, cheaper to store and capable of handling increased demand more intelligently. Technological advances have significantly enhanced production of oil and gas from shale, turning the U.S. into a major oil producer, with most of the new production coming from unconventional sources. Read more>>
Category: Electricity & Natural Gas Markets
Leading environmental organizations, foundations, and energy firms have teamed up to form a new center that will set standards for shale gas development and drilling by hydraulic fracturing in the Appalachian Basin.
The center to be known as Center for Sustainable Shale Development (CSSD) has leading organizations as founding participants such as Shell, Heinz Endowments, Citizens for Pennsylvania’s Future (PennFuture), EQT Corporation, Pennsylvania Environmental Council, Chevron, Clean Air Task Force, CONSOL Energy, Environmental Defense Fund, Group Against Smog and Pollution (GASP), and William Penn Foundation. Read more