Why Japan’s utility firms want to pull the plug on destination restrictions for LNG supply
A hardened feature of long-term LNG contracts, the destination clause, is coming under renewed scrutiny as the quest for flexibility gathers momentum.
Energy Explained
Get the latest as our experts share their insights on global energy policy.
U.S. State Actions to Help Fossil Fuel Communities Navigate the Energy Transition
The world has committed to transitioning away from fossil fuels to avoid the most severe threats of climate change.[1] Communities across the United States rely on fossil fuel...
Podcasts
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
Inside the 2024 World Energy Outlook
Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency’s newest...
Events
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November 21, 2024
• 6:00 pm - 8:30 pm
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Careers in Sustainable Startups
Gender disparities in entrepreneurship are stark. Only one in every three businesses is owned by a woman.
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• Pillsbury Winthrop Shaw Pittman
Podcast
Fracking, Sustainability & an Unorthodox Quest to Save the Planet
November 8, 2019
He’s known as the father of fracking. And while the designation may not be quite right, there’s no doubt that George P. Mitchell set the stage for a revolution in natural gas and oil production in the United States through hydraulic fracturing of shale formations. So, what made this man tick and what lessons might policymakers and industry leaders learn from him today?
In this edition of Columbia Energy Exchange, host Bill Loveless talks with Loren Steffy, the author of a new book from Texas A&M University Press called “George P. Mitchell: Fracking, Sustainability, and an Unorthodox Quest to Save the Planet.” Loren is writer-at-large for Texas Monthly and a former business columnist for the Houston Chronicle. Before that, he was the Dallas bureau chief and senior writer for Bloomberg News.
The book is Loren’s latest of three, including one that explored the Deepwater Horizon oil spill in the Gulf of Mexico in 2010.
Of the late George P. Mitchell, Loren says, “not since John D. Rockefeller had one single individual in the energy business made a greater public impact.” He tells a story of the son of Greek immigrants who built Mitchell Energy and Development Corporation from a small start-up into a pioneering company that enabled the commercial success of hydraulic fracturing in the U.S.
Bill reached Loren by phone at his home outside Austin, Texas, to discuss this fascinating figure, his contributions to fracking, the financial hardships his company endured to bring them about and the extent to which the government assisted those efforts. They also talked about Mitchell’s strong commitment to sustainable development, which sometimes put him at odds with his peers in the gas and oil industry.
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