Can California's Clean Energy Ambitions Survive the Shale Oil and Gas Surge?

GreenTechMedia: "State policymakers are considering the extraordinary economic opportunity in shale oil and gas. That's the first of California’s emerging trends, a discussion of how to exploit the potential bonanza in its Monterey shale, estimated to constitute 63 percent of all U.S. shale oil reserves, without sacrificing environmental standards. State leaders are also considering how the development of fossil resources will impact the state’s ambitious goal to cut greenhouse gas emissions 80 percent from 1990 levels by 2050. That has led to the second trend, which is collaborations, consultations and partnerships between stakeholders in the oil and gas industry, state government, the environmental community, and business."


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