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Australia: Shale mining under Great Barrier Reef 'likely to be banned'

2013-04-25 06:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Mining shale oil under the Great Barrier Reef is likely to be banned by Australia's federal Labor government as tensions rise over the environmental impact of the booming oil and gas industry on the coastline beside the reef. In February, the conservative Queensland state government lifted a moratorium on the shale oil industry in most places along the coast to allow companies to assess whether the US shale oil boom could be replicated in Australia. Power firm Queensland Energy Resources is...

Tags: great australia mining barrier

 

Shale gas could be lower carbon than imported fuel, say climate advisers

2013-04-24 07:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Shale gas extracted in the UK would be lower carbon than imported gas from countries such as Qatar, and help to reduce greenhouse gas emissions if well regulated, the government's chief climate change advisers have said. But in a report published on Wednesday, the Committee on Climate Change also sounded caution on the prospects for widespread development of shale in the UK. It said that relying heavily on gas would scupper the UK's chances of meeting emissions targets in the longer term, and...

Tags: lower gas fuel carbon

 
 

Global Shale Development Could Disrupt Worldwide Markets

2013-04-22 19:05:00| OGI

While the U.S. might think of itself as a shale gas pioneer, the big bang might happen outside the country, panelist Wilczynski said.

Tags: development global worldwide markets

 

Why is Spain Pushing Back on Shale?

2013-04-22 11:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: Spain pushed back against European shale with a local vote in the northern region of Cantabria mounted a vote against the practice of hydraulic fracking amid mounting concerns about its environmental impact. While the vote is only a local effort, the region possesses the largest potential reserve of shale gas in the country, effectively removing the Spains surest bet for domestic production and outside investment from the table. In addition to hosting the largest potential reserves in Spain,...

Tags: back spain pushing shale

 

Genie Energy signs agreement to develop oil shale resources in Mongolia

2013-04-22 01:00:00| Hydrocarbons Technology

Genie Oil Shale Mongolia, a subsidiary of Genie Energy, has signed a five year agreement with the Petroleum Authority of Mongolia (PAM) to explore and evaluate the commercial potential of oil shale resources, on a 34,470km area in central Mongolia.

Tags: resources agreement energy develop

 

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