Hydraulic fracturing has unfortunately become the focal point for anger with the bankers , and existing gas suppliers .
This is really ironic because shale actually promises an alternative to the big suppliers who have ripped everyone off for decades because there is "no alternative" .
Who would have thought that Germany , a country which prides itself on engineering excellence and France which prides itself on reason would stifle all debate on shale and ignore the reports that they commissioned themselves which reported that it can be done safely ?
For France , the country which pioneered civil nuclear with it's much greater attendant risks to suggests that these much lesser risks can't be managed is plain dishonest . No wonder Europe is in such a mess when their "leaders" avoid addressing difficult issues .
If hydraulic fracturing was problematic then there would be water pollution all over the US given the lack of regulation and variability of operators over there . The fact is that there isn't and this is a country where a large proportion of the rural population get their water direct from wells so it couldn't go unnoticed !
In practice pollution from the subsurface aspects of shale extraction doesn't happen yet Govt ministers like France's Delphine Batho keep referring to "devastating effects" .
If there was any evidence of these supposed devastating effects of shale extraction on the environment then these politicians in Europe would have presented it but they didn't because there isn't any .
I can understand that Germany doesn't want to annoy it's neighbour Russia and can probably afford not to tap it's considerable reserves but the rest of Europe is broke .
Europe should prepare for the time when other countries will stop accepting Euro's and Sterling and start their shale gas process now as it could take 7 or 8 years to get into significant production so why delay ?
Say the capex for a wind turbine array is 800 billion Euros , the interest on this alone at 6% is 48 billion Euro's a year ! No country in Europe can afford that at this moment in time . They need gas as a bridge fuel while energy storage technology evolves far enough for renewables to take a bigger chunk of the pie .
Renewables are not yet an alternative . The only question is whether European countries import gas or stimulate their own economies by producing some of their own .
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Hydraulic fracturing has unfortunately become the focal point for anger with the bankers , and existing gas suppliers .
This is really ironic because shale actually promises an alternative to the big suppliers who have ripped everyone off for decades because there is "no alternative" .
Who would have thought that Germany , a country which prides itself on engineering excellence and France which prides itself on reason would stifle all debate on shale and ignore the reports that they commissioned themselves which reported that it can be done safely ?
For France , the country which pioneered civil nuclear with it's much greater attendant risks to suggests that these much lesser risks can't be managed is plain dishonest . No wonder Europe is in such a mess when their "leaders" avoid addressing difficult issues .
If hydraulic fracturing was problematic then there would be water pollution all over the US given the lack of regulation and variability of operators over there . The fact is that there isn't and this is a country where a large proportion of the rural population get their water direct from wells so it couldn't go unnoticed !
In practice pollution from the subsurface aspects of shale extraction doesn't happen yet Govt ministers like France's Delphine Batho keep referring to "devastating effects" .
If there was any evidence of these supposed devastating effects of shale extraction on the environment then these politicians in Europe would have presented it but they didn't because there isn't any .
I can understand that Germany doesn't want to annoy it's neighbour Russia and can probably afford not to tap it's considerable reserves but the rest of Europe is broke .
Europe should prepare for the time when other countries will stop accepting Euro's and Sterling and start their shale gas process now as it could take 7 or 8 years to get into significant production so why delay ?
Say the capex for a wind turbine array is 800 billion Euros , the interest on this alone at 6% is 48 billion Euro's a year ! No country in Europe can afford that at this moment in time . They need gas as a bridge fuel while energy storage technology evolves far enough for renewables to take a bigger chunk of the pie .
Renewables are not yet an alternative . The only question is whether European countries import gas or stimulate their own economies by producing some of their own .