by Daniel J. Graeber
London (UPI) Apr 25, 2013
The British government said it would provide more than $3 million in funding for environmental management associated with shale gas exploitation.
"We must explore the benefits and investment shale gas may bring but that should not come at the expense of the environment," British Energy and Climate Change Secretary Ed Davey said in a statement Thursday.
Last year, the British Geological survey estimated shale basins in the country may hold more than 1.3 quadrillion cubic feet of natural gas, a level the government said could help an economy with natural gas imports on pace to increase from 45 percent of demand in 2011 to 76 percent by 2030.
The British Department of Energy and Climate Change said it was providing $3.3 million for companies that come up with new ways to produce or explore shale gas, including environmental management and reservoir monitoring.
Energy companies use a drilling procedure called hydraulic fracturing, known also as fracking, which involves injecting trace amounts of chemicals and abrasives underground to coax hydrocarbons out of shale. Environmental groups worry some of those chemicals may harm public health.
"Over the past year, the scientific evidence has allowed us to conclude that shale production can be managed effectively as long as best practices are implemented and enforced," Davey said.
Powering The World in the 21st Century at Energy-Daily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.|