clearly a strong, sustainable source of gas into this country. however, i would suggest to him that gas is a transition fuel, it is something that in our pursuit of net zero 2050, that is something that we want to transition away from and that is why we are developing other sources. further to the question for my honourable friend from christchurch, i honourable friend from christchurch, l raised honourable friend from christchurch, l raised this honourable friend from christchurch, i raised this the other day, i m sure i raised this the other day, i m sure the i raised this the other day, i m sure the conservative answer to this is to reduce sure the conservative answer to this is to reduce vat on energy bills, something is to reduce vat on energy bills, something that was pledged by those who supported brexit. he is a tax cutting conservative and i know that if tax cutting conservative and i know that if he tax cutting conservative and i know that if he went to see the
2:00PM Water Cooler 9/3/2021 | naked capitalism
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Russian LNG Aims High, Leveraging Big Reserves and Logistical Advantages
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states, but we have to recognize the scale and speed at which that s happening. so by far renewableses are the fastest growing form of energy in the u.s. electric vehicle sales are growing quickly. the u.s. has reduced emissions more than any other country over the last decade, and that has primarily been driven by cheap shale gas. market forces have allowed that to lap. increasingly you re seeing renewables play a larger role, complementing the role that cheap gas has played. reporter: in 2018, natural gas accounted for nearly 35% of the net power generation in the united states. more than any other source. when it burns, it produces nearly 50% less carbon dioxide than coal. so as a transition fuel, it is playing a role in reducing the use of coal and lowering emissions. the shale boom is dramatically altering the global energy landscape. and while still a net oil importer, the united states is paving the way toward energy independence. if you think about one basin of american pro
and onshore winds, but infrastructure upgrades are critical to enable this energy mix of renewables and hydrocarbons to power the state. you re seeing more of a push towards clean electricity, clean transportation. the market here has grown for these technologies. we re adding, for example, about 20,000 electric cars to the road every month in california. we re deploying a new program here, 200 electric lesses sporting for public schools. electric for this is virtually nothing. that will grow rapidly. reporter: many see natural gas as a transition fuel. we have it in abundance in the united states. it s not going to be needed in california, though, in your view? the trend is very much away from natural gas. we have more pollution coming from natural gas pollutions from our buildings than the entire fleet.