Is Natural Gas Good or Bad for Climate Change?
This segment is from Tuesday's edition of Digging for Value, in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.
Natural gas releases about 50% less CO2 than coal, but will it be paramount in reducing greenhouse gases? Experts are uncertain, and some say natural gas will have a limited effect on addressing global climate change.
Currently, gas flaring and methane leaks are reasons for concern, but experts are missing the rapidity of new gathering and storage facilities, in addition to pipeline infrastructure throughout the United States. Natural gas will be the fuel of the future, and as more companies get ahead of government regulations with regard to implementing environmental standards, the fuel will also be a huge driver in reducing greenhouse gas emissions. Better yet, investing in environmentally conscious companies has paid off recently, and the next wave of winners can be found in the oil and gas space.
Find out more in the following video.
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The article Is Natural Gas Good or Bad for Climate Change? originally appeared on Fool.com.Alison Southwick, Joel South, and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends ONEOK Partners and owns shares of Devon Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.