"Natural Gas and Its Own Part in the New Energy Dynamics" presents a comprehensive look at new natural gas extraction technology (hydraulic fracturing or "fracking" and horizontal drilling), together with the economical and climate effects of the recent dramatic increase in non-traditional natural gas production and consumption. It discusses the effect of the low natural gas costs in the U.S., as well as the money-making arbitrage opportunities in transporting liquified natural gas (LNG) to Europe and Asia, where costs could be as much as five times higher than those in the U.S. The case also explores the new energy dynamics made by the natural gas boom, most notably the substantial decrease in U.S. coal production and consumption due to low natural gas prices. It looks at other choices for coal businesses, such as exporting more coal to China, and Carbon Capture and Storage (CCS).
Natural Gas and Its Role in the New Energy Dynamics Case Study Solution
The prospect of natural gas to replace oil as a transportation fuel is also discussed The question presented to students by the case is whether the executive director of a fictional environmental group should support using natural gas, and if so, under what conditions. Purpose for advocating the utilization of natural gas comprises reducing the utilization of coal in the U.S., a crucial goal of many environmental groups. When combusted, natural gas emits only half as much carbon dioxide as coal-so climate change could be positively impacted by the replacement. Nevertheless, data on the climate effects of LNG and compressed natural gas (CNG) in specific uses-such as in transport fuel-are still incomplete. Additionally, there's evidence that fracking may cause local environmental damage and that methane leakage also has to be taken into consideration.
PUBLICATION DATE: April 10, 2013 PRODUCT #: P83-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE