Sustainability and Energy Security: The Squeeze on Natural Gas

Faced with a shortfall in natural gas supply, we must explore the potential alternative energy sources to fill the gap. Sustainability and Energy Security: The Squeeze on Natural Gas discusses what led to the price hike and our choices for supplementing the supply.

Document Highlights

Natural gas prices have people up in arms, but why did prices rise so dramatically? Sustainability and Energy Security: The Squeeze on Natural Gas discusses what led to the increase. It looks at the effects of environmental policy on natural gas demand, and juxtaposes Canadian and American policy formation. The briefing highlights the coal phase-out in Ontario, and explains why flexibility on this issue is prudent. Faced with a shortfall in natural gas supply, we must explore the potential alternative energy sources to fill the gap. Liquefied natural gas has definite potential but draws heated opposition from residents in prospective development locations. Natural gas from coal, used extensively in the United States, is associated with various health, safety and general welfare concerns. Sustainability and Energy Security explains why Canada won’t experience these concerns. The third alternative discussed is the Mackenzie Valley, Alaska and Maritime reserves—areas considered high risk, high reward.