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Moniz: Shale Gas Boom a Low-Carbon Solution - for Now

Likely DOE nominee Ernest Moniz has already drawn fire from some environmentalists for being pro-industry. But his speeches reveal a more nuanced position.
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"When it comes to carbon, [natural] gas is part of our solution at least for some time," said Moniz, who served as undersecretary of energy during the Clinton administration. "And we should take advantage of the time to innovate and bring down the cost of renewables. The worst thing would be is to get time and not use it. And that I'm afraid is where we are."
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While the industry has taken "impressive" steps to reduce its environmental footprint, Moniz said it hasn't done enough. "There have been water issues—not from fracking, but from bad well completion. There have been surface water spills. There clearly has been methane leakage...I would have to say that the natural gas industry...has not exactly been very forward-leaning in terms of coming together in ways that actually propagate best practices by everyone so that in fact these manageable problems are managed by everyone."
Read the full article here:
http://insideclimatenews.org/news/20130221/ernest-moniz-energy-secretary-nominee-natural-gas-fracking-renewables-mit-fossil-fuels-carbon
 
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