I recently watched another video
from the 2012 Natural Gas Symposium at CSU that was entitled “Natural gas and
how it interfaces the world.” This
discussion was moderated by governor Bill Ritter and after all the previous
talks on producing natural gas he shifted the focus to the future and how will
be able to see this new fuel source taken advantage of across sectors. Three main areas were represented:
electricity generation, transportation, and new technology financing. I was already fairly familiar with the large
shifts from coal to natural gas for our electricity, which is especially common
in Colorado. In terms of transportation,
however, I’ll admit I wasn’t sure exactly how natural gas fit into that future. These days it is more common to see trucks
driving around with stickers that say they are clean burning powered by natural
gas and it turns out the trucking and bus industries are where this fuel has
been initially targeted. One out of
every 4 to 5 buses in the U.S. are currently run on natural gas. The benefits here exist mainly in the low
cost and release of fewer VOCs into the atmosphere during combustion, yet a
lack of infrastructure for storing and delivering this fuel remains a barrier. For personal use, still only a few car and
truck models are available but they are predicting an increased interest in the
future particularly considering the competitive cost—it was mentioned that the
cost of liquefied natural gas is equivalent to paying 38 cents a gallon in
gasoline. Innovative ideas in storage
and shipping of natural gas are paving the way for even more advances and
distribution around the world. The
financing piece also recognized that despite all the new opportunities arising
from the low cost of natural gas, there is a need to develop technologies to
help mitigate the negative impacts of production. An interesting comment was made here towards
the end of how Colorado is a leader in developing new technologies for the natural
gas industry, yet Colorado as a state is not aligning itself with any side
concerning associated environmental impacts.
The discussion on transportation
sparked my interest to see what a car that runs on natural gas is like, so I
looked further into the Honda Civic (http://automobiles.honda.com/civic-natural-gas/). The 2012 Civic natural gas was named one of
the 10 best green cars; its starting price is $26,305 and it gets an average of
38 mpg on the highway. In comparison, the
2013 Civic hybrid starts at $24,360, getting 44 mpg on the highway, and the
standard 2013 Honda Civic has a starting price of $18,165, averaging 39 mpg on
the highway. Looking at these
statistics I’m not sure this natural gas vehicle sounds like a deal, but the
pay off on its premium comes in fuel savings.
Fuel savings can’t be realized, however, without reliable delivery of
the fuel in the first place. As
mentioned in the discussion, we are still lacking fueling stations for these
vehicles plus the price of natural gas is regionally controlled and possibly at
risk of volatile changes, so I don’t think as a consumer I would go out and
purchase a natural gas vehicle just yet.
For now I’ll take the bus, which I can be happy is possibly clean
burning…but is this really the truth?
Yes, the emissions from engines are reduced with natural gas but they
still exist and are potentially high hazards during extraction. Hopefully innovation isn’t occurring too
haphazardly without concern of negative impacts, or we could in a sense be
constructing another atomic bomb. I
think the low dollar cost is almost too tempting that I don’t trust what
investors will do and I worry about the huge increase in demand if natural gas
also takes over the transportation sector. I understand its benefit in electricity since
easy delivery and clean burning qualities give natural gas a big advantage in
home use, but I would like to see other options explored in transportation. People say how important it is to maintain a
diverse energy portfolio to reduce risk, and in conclusion I want to stress how
important it is we make sure this is done, even under the temptation of natural
gas’s low dollar cost.
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