Why You Won’t Get a US Shale Boom in Britain
For years politicians in Britain have been looking with increasing envy at the burgeoning shale boom in the US, believing that it could be replicated in the UK.
For years politicians in Britain have been looking with increasing envy at the burgeoning shale boom in the US, believing that it could be replicated in the UK.
Could this be the fracking industry’s Silent Spring moment? One of the most alarming aspects of fracking is how little we understand the long term risks of the technology. As the shale boom explodes in the US, concerns about the health and environmental impacts have been largely ignored in the rush to frack.
As the shale gas revolution continues a pace in North America, so does its wider environmental impact. And nowhere is that more apparent than in the burgeoning demand for frac-sand.
As so often in the past, where America leads, the UK obligingly and belligerently follows. It has been widely known for months that Britain was going to open up vast swathes of its densely-populated land for fracking, but now we have confirmation.
Last Sunday was a grim and painful anniversary for the people of Lac-Mégantic in Quebec. It was a year ago that a crude by rail train, which was carrying highly volatile crude from America’s Bakken fracking fields, derailed and exploded, effectively incinerating 47 people.
As war rages in Iraq, and oil and gasoline prices rise, the impotence of the US oil boom is exposed.
The American authorities have “slashed” the amount of recoverable oil from the vast California Monterey shale deposits by a whopping 96 per cent.
The British Government is set to unleash a fracking frenzy across large parts of the country as politicians try and replicate the American energy revolution.
New scientific research has been published which torpedoes the idea that shale gas should be seen as a clean bridging fuel.
An influential Senator yesterday accused oil companies of prevaricating over providing data to American regulators about the safety of crude by rail trains.