It has been said that the development of a shale gas industry could be a "game changer" for South Africa. However, despite this significant claim independent economic modelling shows that, on the contrary, the benefits to the local economy of the planned development will be quite small and ...
disturbance will be unavoidable. Whether that is tolerable will be for the Member States and their local communities to decide.83 And it is becoming increasingly clear that advocates of shale gas extraction will need to convince the European public, which is still deeply sceptical that shale gas...
Thomas M, Partridge T, Harthorn BH, Pidgeon N. Deliberating the perceived risks, benefits, and societal implications of shale gas and oil extraction by hydraulic fracturing in the US and UK. Nat Energy 2017;2:17054.Thomas, M., Partridge, T., Harthorn, B.H., and Pidgeon, N., 2017a....
Dai et al., also examined the benefits of water alternating gas injection. They stated that to maximize production in this method, we should obtain parameters such as water to gas injection ratio, injection phase time, and distance between injection and production wells based on reservoir ...
Reviewing the costs and benefits of shale gas hydraulic fracturing (fracking) 2014, Renewable and Sustainable Energy Reviews Citation Excerpt : We already see some of this divergence between North America, which has largely embraced fracking, and European countries, which are more cautious. Stevens [...
and wind power could rise from 5% of supply today to 25% in 2035, and nearly 50% by 2050. Oil and coal use will drop, although cleaner natural gas will remain central. This architecture will ultimately bring huge benefits. Most important, decarbonising energy will avoid the chaos of ...
Berkshire benefits from an unusual constancy and clarity of purpose. While we emphasize treating our employees, communities and suppliers well – whowouldn’twish to do so? – ourallegiancewillalwaysbe to our country and our shareholders. We never forget that, though your money iscomingledwith ou...
U.S. Economy Benefits The recent shale boom in the U.S. increased the oil and gas sector’s impor-tance, although it remains a relatively small part of the national economy. The share of oil and gas in total employment peaked in the early 1980s at close to 0.8 percent. It declined ...
To estimate the welfare effects of the scenarios described in this paper, a broader modeling exercise would be required that quantifies both the benefits of decreased energy prices and the negative impacts of increased pollution (including GHGs and local pollutants). Such analyses could build on ...
Action to restore appropriate price incentives, notably through corrective carbon pricing, is urgently needed to lower the risk of irreversible and potentially devastating effects of climate change. That approach also offers fiscal benefits. C) Oil prices have dropped by over 60% since June 2014. A...