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Archive for December 17th, 2013
UK’s Cameron to EU: Don’t stifle fracking with new laws
Posted by Washington Post: Juliet Eilperin on December 17th, 2013
Reuters: British Prime Minister David Cameron has warned the European Commission not to propose European Union-wide legislation to regulate the nascent fracking industry, saying such a move could create uncertainty and stifle investment.
The rising cost of energy bills is a big issue ahead of a 2015 election and Cameron is keen to tap Britain's large resources of shale gas to shore up the country's energy security as its North Sea oil reserves decline.
In January, the European Commission, the EU executive,...
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United Kingdom: Government hails fracking report as step towards unlocking shale gas “prize”
Posted by BusinessGreen: James Murray on December 17th, 2013
BusinessGreen: The government has once again welcomed the "exciting prospect" presented by the UK's nascent shale gas industry, after a major new independent report predicted new fracking activity could deliver up to 25 per cent of the UK's current gas demand in the 2020s while supporting between 16,000 and 32,000 additional jobs.
However, opponents of fracking were quick to seize on the report's admission that fracking would bring with it "significant negative effects", including a potential increase in greenhouse...
The year fracking shook the world
Posted by Washington Post: Juliet Eilperin on December 17th, 2013
Guardian: The pumping of water, sand and chemicals underground at pressure to crack rocks and release gas dominated headlines in 2013. Fracking for shale gas, even if the process has not actually been producing much energy beyond its homeland in the US, has barely been out of the public consciousness.
In the UK, drilling for oil by fracking explorers Cuadrilla in Sussex roused one of the biggest environmental protests in years, as thousands marched outside the village of Balcombe and Green party MP Caroline...
Antarctica’s Soggy Bottom: New Lakes & Streams Found
Posted by LiveScience: Becky Oskin on December 17th, 2013
LiveScience: Dimples in Antarctica's vast ice sheet frequently pop up and down like creatures in the arcade game "Whac-A-Mole" — a sign that water is forcing its way through a vast network of channels and lakes under the ice, researchers said last week at the annual meeting of the American Geophysical Union in San Francisco. Scientists reported new evidence of many previously unknown "active" lakes and hollows, which fill and drain like a bathtub, as well as better maps of the drainages connecting these basins....
UK’s Cameron to EU: Don’t stifle fracking with new laws
Posted by Washington Post: Juliet Eilperin on December 17th, 2013
Reuters: British Prime Minister David Cameron has warned the European Commission not to propose European Union-wide legislation to regulate the nascent fracking industry, saying such a move could create uncertainty and stifle investment. Rising energy bills are a big issue ahead of a 2015 election and Cameron is keen to tap Britain's large resources of shale gas to shore up the country's energy security as its North Sea oil reserves decline. In a letter to European Commission President Jose Manuel Barroso...
TransCanada CEO: Company Considering Rail Bridge if Keystone XL Delays Continue
Posted by Financial Post: Claudia Cattaneo on December 17th, 2013
Financial Post: TransCanada Corp. could develop a rail bridge from Canada to Nebraska if the northern portion of the controversial Keystone XL pipeline continues to be held up by the U.S. government, president and CEO Russ Girling said Tuesday.
Supporters and foes of TransCanada Corp.’s Keystone XL pipeline are bracing for the release of an environmental analysis from the U.S. government that could determine the US$5.4-billion project’s fate.
While the report isn’t the final step, it’s eagerly anticipated...