Gas boom dulls carbon rule’s effect

Gas boom dulls carbon rule’s effect

Los Angeles Times | June 02, 2014 | by DON LEE

In recent years new drilling techniques such as hydraulic fracturing, or fracking, have yielded an abundance of natural gas, and the regulation will speed up what had been a market-driven shift to gas. Natural gas now is expected to exceed coal as the primary source of electricity generation by 2030. The surfeit of cheap natural gas already has reduced U.S. dependence on foreign oil and become an important competitive advantage for domestic manufacturers.

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