From the treasure trove of presentations from Milken Institute Global Conference, below is an in depth discussion of the role that natural gas is going to play in the future.
Topic:
To many, natural gas is the solution to the intermittent energy crises the U.S. has dealt with for decades. Domestic supplies have swelled, largely a result of shale discoveries accessed by fracking, a controversial technique. Partly as a consequence, prices have fallen dramatically since 2008 and companies are trying to figure out how to take advantage of it. But opponents of fracking remain active, and natural gas, though cleaner than coal for use in electric plants, is still a fossil fuel that emits climate-changing carbon dioxide. In addition, although natural gas could power cars and trucks, that would require infrastructure building and changes in vehicle manufacturing. Another challenge: Prices are so low, they don't cover the cost of extraction. Will natural gas fuel our future? If so, how?
Speakers:
Ralph Eads III, Vice Chairman, Jefferies LLC
Rick Grafton, CEO and Chief Investment Officer, Grafton Asset Management
Yossie Hollander, Chairman, Fuel Freedom Foundation
Shaia Hosseinzadeh, Principal, WL Ross & Co. LLC
Nathaniel Keohane, Vice President, International Climate Program, Environmental Defense Fund
Moderator:
Brian Sullivan, Anchor, CNBC
Topic:
To many, natural gas is the solution to the intermittent energy crises the U.S. has dealt with for decades. Domestic supplies have swelled, largely a result of shale discoveries accessed by fracking, a controversial technique. Partly as a consequence, prices have fallen dramatically since 2008 and companies are trying to figure out how to take advantage of it. But opponents of fracking remain active, and natural gas, though cleaner than coal for use in electric plants, is still a fossil fuel that emits climate-changing carbon dioxide. In addition, although natural gas could power cars and trucks, that would require infrastructure building and changes in vehicle manufacturing. Another challenge: Prices are so low, they don't cover the cost of extraction. Will natural gas fuel our future? If so, how?
Speakers:
Ralph Eads III, Vice Chairman, Jefferies LLC
Rick Grafton, CEO and Chief Investment Officer, Grafton Asset Management
Yossie Hollander, Chairman, Fuel Freedom Foundation
Shaia Hosseinzadeh, Principal, WL Ross & Co. LLC
Nathaniel Keohane, Vice President, International Climate Program, Environmental Defense Fund
Moderator:
Brian Sullivan, Anchor, CNBC
