61. Shale gas in Europe: much ado about little?
- Author:
- Tania Zgajewski
- Publication Date:
- 04-2014
- Content Type:
- Working Paper
- Institution:
- EGMONT - The Royal Institute for International Relations
- Abstract:
- Shale gas is an unconventional form of gas because its extraction is more difficult or less economical than that of conventional natural gas. It has become an important item of energy policy during the last years since new processes have allowed its extraction. In the medium term, shale gas should foster a reinforcement of the gas part in the world's energy mix. In 2011, the IEA released an influential report entitled "Are we entering a golden age of gas?" This report suggests that shale gas could help substantially boost global gas use. It also warns at the same time that this success could bring into question the international goal of limiting the long-term increase in the global temperature to 2° C above pre-industrial levels.
- Topic:
- Economics, Energy Policy, Environment, and Human Rights
- Political Geography:
- Europe