The ongoing energy revolution is already transforming the world in which we live. But what happens after new technology extracts all the hydrocarbons from legacy oil fields and we’ve used fracking to exploit the cost-effective shale gas and oil deposits? Obviously, there is a whole new generation of nuclear technology, as well as the long-term possibility that wind, water, and solar energy will become truly competitive. However, we don’t have to count on those options materializing any time soon; there are centuries of untapped fossil fuel deposits that we’re just now learning to exploit. Where are those resources? How can they be cost-effectively harnessed? What are the likely economic and environmental implications? We’ll explain.
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