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Is natural gas the 'bridge' to our low-carbon future? In power generation, industrial processes, parts of the transportation sector, and for domestic use, natural gas still has the potential to play a greater role in various energy transition pathways around the world. But such a future is by no means certain.
In Natural Gas, Michael Bradshaw and Tim Boersma offer a sober and balanced assessment of the place of natural gas in the global energy mix today, and the uncertainties that cloud our understanding of what that role may look like in the future. They argue that natural gas has become prominent in recent decades, spurred by two revolutions: the first has been the rise of unconventional natural gas production, and the second the coming of age of the market for liquefied natural gas (LNG). However, a third revolution is required to secure natural gas' long-term role in various energy transition pathways, as countries are increasingly pushing to address air quality concerns and curtail greenhouse gas emissions. This revolution has to take place as politicians, citizens, investors and shareholders are becoming increasingly vocal about the need to improve the environmental footprint of the fuel, while simultaneously, and perhaps paradoxically, demand for it continues to grow, in a world where geopolitical challenges seem to be mounting.
Abbreviations
Natural Gas and LNG Conversion Table
Introduction
1 Natural Gas Fundamentals
2 Pipeline Geopolitics
3. The Shale Gas Revolution
4 The Coming Age of LNG
5 The Future Role of Natural Gas
6. The Golden Age of Gas?
Notes
Selected Readings
Index
Michael Bradshaw is Professor of Global Energy at Warwick Business School. Tim Boersma is a fellow with the Center on Global Energy Policy at Columbia University, and works with ABN AMRO in New York.
"This excellent book is the best way to update your knowledge about this amazing and controversial fuel – it covers both natural gas fundamentals and recent developments. I will definitely recommend it to students."
– Tatiana Mitrova, Oxford Institute for Energy Studies and Sciences Po Paris
"Natural Gas will make you think differently about supplying energy markets whilst preserving the sustainability of our planet. It masterfully captures the essence of the natural gas revolution and its critical role in energy security, economic development and environmental stewardship."
– Meg Gentle, President and CEO of Tellurian Inc.
