US Shale Gas heading for UK

The Guardian reports today that Centrica has struck a deal to import shale gas from the USA and that within five years up to 2m British homes may be using the gas. Concieveably this might take the pressure off trashing our local environment. However we share a common global climate system and atmospheric CO2 concentrations. The argument that shale gas displaces coal is in part a misnomer as it has been shown that more than 50% of displaced US coal is just exported elsewhere, including the UK.

Centrica has previously said that shale gas in the UK would not be the same “game changer” as in the USA. Gas prices in the USA are rock bottom because of the freebee shale gas from shale-oil production and because they don’t have a market to sell it to – until now.

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