What are the most important risks arising from the exploitation of shale gas?
Is it really a reasonable option and a real alternative to oil now?
Because Shale gas is normally exploited through hydraulic fracturing, its viability is still largely driven by economics. Prevailing cost of Oil/gas, and production cost drive investment decisions.
However, environmental risks such as air pollution, surface/groundwater pollution, impact on biodiversity and its potential generation of seismic activity, are increasingly becoming a cause of concern.
In addition to Joseph Nyangon paper, you can get more information on this by going through the following conference papers:
Shale/tight gas is most definitely a real alternative.
In my own investigation, I have found that worker safety during project development could be perceived as a risk. Rapid production decline, the infrastructure to deliver products and development impacts are risks as well.
Because Shale gas is normally exploited through hydraulic fracturing, its viability is still largely driven by economics. Prevailing cost of Oil/gas, and production cost drive investment decisions.
However, environmental risks such as air pollution, surface/groundwater pollution, impact on biodiversity and its potential generation of seismic activity, are increasingly becoming a cause of concern.
In addition to Joseph Nyangon paper, you can get more information on this by going through the following conference papers:
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