WASHINGTON -- Companies are so excited about cheap natural gas that they're on an expansion spree, which might undo some of the good we've done by switching to the cleaner fuel from coal, a new report says.
The low cost of natural gas is largely seen as a net positive for climate change, as burning gas generates lower levels of emissions than burning coal. But an Environmental Integrity Project report released Thursday says that though gas is replacing coal -- the dirtier alternative -- in electric power plants, new industrial projects that use natural gas for feedstock or fuel are now being constructed so quickly that we're probably walking back some of our progress.
The low cost of natural gas is largely seen as a net positive for climate change, as burning gas generates lower levels of emissions than burning coal. But an Environmental Integrity Project report released Thursday says that though gas is replacing coal -- the dirtier alternative -- in electric power plants, new industrial projects that use natural gas for feedstock or fuel are now being constructed so quickly that we're probably walking back some of our progress.