Could cheap natural gas undermine a carbon price?

Could cheap natural gas undermine a carbon price?  / Michael Levi, Energy, Security, and Climate, 22/04/2013

http://blogs.cfr.org/levi/2013/04/22/would-cheap-natural-gas-undermine-a-carbon-price

Cheap natural gas has split the climate debate into two camps. One celebrates the development, emphasizing that natural gas cuts emissions when it replaces coal, and arguing that abundant gas reduces emissions as a result. The other bemoans the news, noting that inexpensive natural gas makes it tougher for zero-carbon energy to compete and arguing that this will ultimately result in higher, not lower, emissions…


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