A Quote by Lynn Good

What we are investing in, from a generation standpoint, are renewables and natural gas. — © Lynn Good
What we are investing in, from a generation standpoint, are renewables and natural gas.
As we look ahead, we see increasing opportunities for Duke in natural gas - not just for producing electricity, but in providing gas for our customers. We have been investing in renewables as well throughout the U.S.
The more traditional fuel sources we have relied on as a nation - coal, oil, and natural gas - I'm hoping they can allow us the financial springboard to move to the next generation of energy sources: renewables and alternatives.
Relative to oil, however, natural gas is very cheap and very attractive. And I think that natural gas in emerging markets is very attractive. There is very little natural gas infrastructure in places such as China, where there is tremendous demand for natural gas.
Through Duke Energy's strong balance sheet and electric generation expertise, and Piedmont's understanding of natural gas markets and proficient operations, the combined company will be well-positioned for a future that may require additional natural gas infrastructure and services to meet the needs of our customers.
We have to slow down the emissions of carbon dioxide and methane from coal burning, oil and eventually natural gas... And the best ways to do that are energy efficiency and a switch to renewables.
Natural gas will displace coal in power generation. Getting natural gas into the transportation fleet is harder. It works best for vehicles that work from centralized fueling facilities like trucking fleets or buses and cabs. That is happening. Before it can make big inroads beyond that, infrastructure is going to need to be developed.
Today, natural gas now outstrips coal as the leading provider of electricity in America. If this is as big as people believe it is, natural gas will soon be powering trucks and marine ships. Maybe even standard commercial cars that people use at home through compressed natural gas, other gas to liquids. The potential is there for more energy independence by America and a reliance on cleaner fuel - natural gas emits half as much as coal, in terms of carbon emissions. That's a real bounty.
I think what we all have to do is make this big leap towards renewables. And it has to be a solution where you're actually building the answer; and it has to be built faster than the natural gas industry can build their answer.
Alongside energy efficiency, renewables and abatement, I believe safe nuclear power, with manageable waste, can play an important role in reducing greenhouse gas emissions, as long as it is cost competitive with other low carbon generation.
We've recognized that natural gas would be the fastest-growing of the conventional fuels: oil, natural gas, coal. And so, we see the important role that natural gas will play globally and, more importantly, the important role it will play in the U.S. in terms of meeting future energy demand.
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
I was very bearish on natural gas for many years, pretty much from 2006 on. There was a tremendous natural gas bubble in the United States.
I understand the impact of those kinds of factors on job creation. I will have a very different policy. My policy on energy is to take advantage of coal, oil, natural gas, as well as our renewables, and nuclear - make America the largest energy producer in the world.
There's no question that natural gas is a lot better than coal or oil, in the sense that natural gas produces less carbon per unit of energy produced.
We see natural gas as an important part of the electricity generation mix for many decades to come.
We do have serious energy needs for the country, we are aware that natural gas is especially in demand because of its air quality benefits: 90 percent of new power plants have been natural gas-powered.
This site uses cookies to ensure you get the best experience. More info...
Got it!