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Environmental Concerns Will Be The Key Challenge For Global Gas Shales Development
GlobalData, July 2011, Pages: 5
Environmental Concerns Will Be The Key Challenge For Global Gas Shales Development
Summary
Shale gas development in the US has transformed the outlook of the global natural gas industry in last two years. The successful development of shale gas in the US has led to exploration activities for shale in other regions of the world. Now, shale is considered an important energy source which has potential to alter the global energy scenario. Global shale gas development activities slowed down recently as the shale gas extraction process (fracking) recently came under criticism for its alleged environmental effects. It has been claimed that the hydraulic fracturing process emits methane, a greenhouse gas (GHG). It is also claimed that fracking causes contamination of nearby ground-water.
Environmental concerns related to gas shale development have forced many countries to postpone their shale gas operations. Government agencies have deferred operations for various shales until proper studies of the resources and the effects of fracking are conducted.
Scope
- The report highlights the role that shale gas can play in supplementing conventional sources of natural gas globally.
- It also presents information on potential environmental impacts of shale gas development
- It provides information on impact of environmental concerns pertaining to shale gas development on shale gas development worldwide
Reasons to buy
- Stay informed about the key challenges for development of gas shales worldwide
- Keep abreast of the developments worldwide in wake of environmental implications of shale gas development coming to public knowledge
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