Economic analysis of the US unconventional oil and gas revolution

Economic analysis of the US unconventional oil and gas revolution / Mathilde Mathieu, Thomas Spencer, Oliver Sartor, Vox.EU, 22/03/2014

http://www.voxeu.org/article/limited-economic-impact-us-shale-gas-boom

The US unconventional energy boom has reversed the decline of domestic production, lowered oil and gas imports, reduced gas prices, and created political space for tougher regulations on coal-fired power plants. This column argues that it is not a panacea, however. Even if current estimates prove accurate, the long-run benefits to the US economy will be relatively small. Improving energy efficiency and promoting low-carbon technologies will be just as important as before – especially for the EU, given its more limited known reserves of unconventional oil and gas…



Citer ce billet
Danièle Revel (2014, 26 mars). Economic analysis of the US unconventional oil and gas revolution. Veille énergie climat. Consulté le 25 juin 2024, à l’adresse https://doi.org/10.58079/oaxr

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