Financial Times: Big role for gas in global energy mix
Jürgen Grossman, RWE’s chief executive, makes some important points in articulating the scale of the challenge involved in reducing the carbon footprint of energy production (“Germany faces ‘Herculean’ task with move to renewables”, Special Reports, Energy, December 5). But reconciling economic growth and climate change is not a straight choice between nuclear and renewables. As a result of recent major increases in the global estimates of natural gas resources, energy policymakers should now be confident that they can count on abundant, affordable and acceptable natural gas today and for many decades to come. This is why Angela Merkel is right when she outlines a central role for gas in Germany’s new energy future. HERE (Registration May Be Required)