Blog: Moving from Coal to Gas
Wednesday, July 4, 2012
Andrew Revkin, writer for the New York Times, posted a blog post several months ago about the benefits of moving from coal to natural gas.
Revkin quotes Lawrence M. Cathles of the Department of Earth and Atmospheric Sciences.
“The data clearly shows that substituting natural gas for coal will have a substantial greenhouse benefit under almost any set of reasonable assumptions. Methane emissions must be five times larger than they currently appear to be before gas substitution for coal becomes detrimental from a global warming perspective on any time scale. The advantage of natural gas applies whether it comes from a shale gas well or a conventional gas well.”
Cathles admits, however, that burning natural gas is still burning a fossil fuel, an act that releases greenhouse gases into the atmosphere and causes global warming.
» Via: The New York Times › A Fresh Scientific Defense of the Merits of Moving from Coal to Shale Gas
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.