Fareed Zakaria recently disgusted how increase access to natural gas has led tode decreased CO2 admissions. Zakaria posits further gains may be made by sharing our hydrofracturing technology with China. Here is a description of the story:
We have been thinking about an idea in the opinion pages of the New York Times to tackle one of the great challenges of our times: cutting carbon emissions to slow down climate change. It would result in the single largest reduction of CO2 emissions globally of any feasible idea out there. But there are a couple of hitches. Let’s explain.
Here’s the idea: it’s time to help China master fracking safely.
By now it’s clear that fracking (the process of extracting shale gas) has dramatically lowered America’s CO2 emissions. According to the U.S. Energy Information Administration, in 2006, a fifth of our electricity came from natural gas, while almost 50 percent came from coal. By 2012, natural gas had increased its share to 30 percent of our electricity. Coal’s share dropped to 37 percent. The change was because of fracking: over that same period, shale gas production grew 800 percent.