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Gas ‘golden age’ at risk due to rising costs, coal comeback: IEA

Posted on 28 May 2013

The “golden age of gas” forecast by the International Energy Agency (IEA) in 2011 faces significant challenges from growing coal use and increasing community concerns, as well as rising costs in key markets, reports The Australian.
According to the influential chief economist of the world’s energy watchdog, Fatih Birol, cheap gas being produced with relatively new techniques such as fracking could undermine support for renewable energy if governments don’t take urgent action…………………………………..Full Article: Source


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