MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model
Green Car Congress
OCTOBER 27, 2013
While natural gas is often cheaper than oil and gives off fewer emissions, developing the resource comes with risks, especially for smaller nations. Depending on the tax scheme, it may raise $1.5 billion in taxes. Click to enlarge. Background. The analysis suggested that in the base cases, BEP prices are $9.75/MMBtu
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