Hate to say I told you so.
A hugely slanted article in the Guardian this morning informs us that a report recommending that fracking be given the go ahead in the UK is “all but certain to be accepted by ministers”, effectively allowing trial wells to be drilled as a first stage in tapping the estimated 4.7 trillion cubic feet of shale gas in Lancashire.
Still, as one of the comment on the article points out:
As for the risks, I doubt this a good place to gauge them. Mainstream papers are pretty clueless when it comes to gauging the real risks of anything to do with science or engineering.
The fact that the health and safety obsessed “nanny state” in the UK is prepared to go ahead with fracking and for deposits beneath Lancashire – which amount to around 1% of South Africa’s estimated reserves – is further evidence that when the process is considered rationally and independently, without the emotional hubris of the misinformed and misinforming green brigade, sensible decisions can be made. See here for more of the terms and conditions included in the report (the bits the Guardian chose not to report).
There’s a lesson for South Africa to learn here. I just hope Ms. Dipuo Peters is watching.
Good news indeed. I will be keeping a watchful eye out for when Cuadrillo go for a stock exchange listing.
Henry Crun > Ooh. Sound investment.