A Tale of Two Technologies
Uncle Sam didn’t frack this one up.
Technological progress can be function of productive public-private partnerships that help shoulder risks and raise capital.
fracturing
Gas to the Rescue
Shale revolution catches fire, surpassing coal – in America, and soon around the world.
The shale revolution now fueling the American economy appears poised for expansion overseas.
Fueling America's Economic Engine
New energy economy also relies on some old fossil friends.
It has not been public investments in sustainable fuels and modern tools that have led to the re-awakening of the U.S. economy. Rather, it’s been mostly private investment in shale gas development that has led to new capital formation, infrastructure development and jobs galore.