Publication vom 22.04.2015
The impact of shale gas on the costs of climate policy
… gas reserves around the globe and the extent to which it can serve as a low-cost GHG mitigation option. We compare a scenario of global shale gas exploitation with a … The effects of shale gas production on the energy market and, consequently, on GHG emissions are analysed in a baseline case without additional climate policy and … We find that shale gas should not be considered a cheap option to reduce global GHG emissions due to three reasons: the effects of global shale gas availability (a) …