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Exact(42)
In addition to the promises of jobs and economic activity that shale gas brings, Mr Osborne should consider fiscal arrangements that send some cash back to areas where the gas is extracted to win over locals.Still, one advantage of following America is that extraction techniques have been refined.
What will replace the space left when the gas is extracted?
How have the lives of the indigenous peoples living near where the gas is extracted changed over the years, for better or worse?
He suggests that environmentalists should help improve the way gas is extracted rather than attempt to block it.
"Very positive macroeconomic benefits" and "without precedent in Peru's modern economic history", but pathetic, if not disastrous, for the indigenous people living near where the gas is extracted.
It will take years before any export terminals are up and running — in the meantime, producers and regulators should strengthen safeguards so that gas is extracted safely.
Similar(18)
Can gas be extracted without risk to local water supplies?
As more gas was extracted – the field is about two-thirds empty now – pressure changes deep underground become more severe and unpredictable.
FINDING ENERGY The technology that has allowed horizontal drilling — as opposed to drilling straight down — has radically changed how oil and natural gas are extracted.
In addition, large proven reserves of low-sulfur petroleum and natural gas are extracted at the Zhongyuan complex of oil fields in the northeast.
A small amount of easily accessible shale gas was extracted in the 19th century, but it wasn't until the 1970s that shale gas technology started to develop in earnest, supported by US government R&D funding.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com