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Peak Shale?Peak Shale?
●
Peak oil leads toPeak oil leads to
increase in alternativeincrease in alternative
energy sourcesenergy sources
●
Encourages similarEncourages similar
peak curvepeak curve
●
Hyperbolic decreaseHyperbolic decrease
●
Due to rapidlyDue to rapidly
declining rate ofdeclining rate of
return on investmentsreturn on investments
●
100 years of shale100 years of shale
gas?gas?
ExternalitiesExternalities
●
Boom/BustBoom/Bust
economieseconomies
●
Job creation?Job creation?
●
BurdenBurden toto
infrastructureinfrastructure
●
Property pricesProperty prices
●
HealthHealth
●
EnvironmentEnvironment

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Peak shale and externalities of Shale Gas