How Will Expanded Natural Gas Production Affect Climate Change Mitigation?

Session Three in the New Geopolitics of Petroleum and Natural Gas Series The development of abundant, low-cost natural gas supplies in the United States has facilitated a significant reduction in greenhouse gas emissions. But there are concerns that natural gas will crowd out investments in other low carbon energy technologies, such as renewables, carbon capture and storage and nuclear energy. Debate ensues as to whether natural gas is a transition or a destination fuel, largely based on estimates of the cost of incentives to develop and commercialize the next generation of low carbon energy technologies. Join the Bipartisan Policy Center for the third session in the New Geopolitics of Petroleum and Natural Gas series. This session, hosted by former Senator Pete Domenici, will examine whether natural gas and low carbon energy technologies can play complementary roles in transitioning the global economy to a cleaner, more sustainable trajectory. We will consider the scientific and technological prospects for natural gas and other low carbon energy technologies, their respective near- and long-term impacts on greenhouse gas (GHG) reduction, the economic (and politically practical) alternatives for deploying them, and policy lessons from abroad. David Goldwyn of Goldwyn Global Strategies, LLC, former State Department Special Envoy and Coordinator for International Energy Affairs, will moderate the event.