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Bay Area Energy Koll Circle san jose ca Shale gas : " Energy independence is a myth"

Thursday, June 14, 2018, 12:00 PM


Bay Area Energy Koll Circle san jose ca Shale gas : " Energy independence is a myth" For the economist Thomas Porcher , Arnaud Montebourg all wrong. Exploiting shale gas would create few jobs would be uneconomic and would not allow USA to achieve energy independence. Journal of arguments. On Wednesday , before the Commissioner for Economic Affairs of the National Assembly , Bay Area Energy Koll Circle san jose ca the Minister of Productive Recovery Arnaud Montebourg , proposed to create a " public company " to operate "green" shale gas . His arguments ? Energy independence from USA , the balance of trade balance and job creation. Thomas Porcher , economist and author of The mirage of shale gas (1) , discusses the arguments Arnaud Montebourg . - Job Creation : Thomas Porcher : "There is an aura of suspicion around the figures given . A consulting firm ( Sia board , note) has announced the creation of 100,000 jobs, while the figures announced at the national debate on energy transition of the order of 2 000 to 10 000 jobs . Gas production has never created jobs is why the experts call it " gas revenues ." Under the assumptions of Sia , 13 people enough, during the first three years , the creation of a well. Then , 0.18 person works there. The consulting firm has made ??a mistake : it does not take into account the destruction of jobs after the creation of the well, or economies of scale with the increase in production. In the United States , 600,000 jobs were created but because they drill continuously. Bay Area Energy Koll Circle san jose ca In USA , to create jobs and be competitive , it would drill massively as there. However, the population densities in USA and the United States are not the same. And shale gas is located in tourist areas - in the Gard and the Ardèche for example - so you have to compare the jobs created by the shale gas it would destroy those in the tourism sector . One has the impression that the crisis can justify it all: " It creates few jobs, so that's something ," you tell yourself . But in comparison , for example , thermal renovation, it creates jobs, and many concrete . " - Energy Independence: Thomas Porcher : " Again, this is a myth ! The figures from the International Energy Agency (IEA) predict a Independence of the United States in 2035, more than one million wells were drilled. However, it is expected "all things being equal ", that is to say, a valid model in a static world. For example , the IEA expected in 2000, the price of oil at $ 24 per barrel in 2010. He finally reached 100 dollars ( 76 euros ) . Bay Area Energy Koll Circle san jose ca So pay attention to the numbers. Independence will not take place in Europe. It is not serious to make this argument . " - Balance of trade balance Thomas Porcher : "It does not depend on the gas. It should also take into account the oil. And we could restore the balance better controlling our energy consumption. Europe is considering energy efficiency for more than ten years , this is not a new topic. Bay Area Energy Koll Circle san jose ca Engage in shale gas would change course . Moreover, if the trade balance is rebalancing is , in principle, to relocate jobs. But since the shale gas creates very few jobs , it does not make sense. There is also talk of significant tax revenues arising from the exploitation of shale gas. First it depends on the mining code to be reviewed. In the United States , the tax level , the exploitation of shale gas has not been profitable for the state because the costs of road works were sometimes higher than the charges levied by states. Is the cost of creating a public company that offers Arnaud Montebourg . Bay Area Energy Koll Circle san jose ca It's not silly . For many problems can arise when called to a private company : there may be information asymmetries , the company does not say everything to the state. This is what happened in Poland when companies have announced huge reserves accelerating the decision-making

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2575 Coit Drive
San Jose, CA 95124

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