Australia has huge deposits of shale gas – but it won’t come cheap

Guardian: Australia could be sitting on more than 1,000tn cubic feet of untapped shale gas, but effective environmental regulations and a fall in costs are needed before this resource can be fully exploited, according to a new report. The Australian Council of Learned Academies study found that while Australia had huge deposits of gas, it would "not be cheap gas in most circumstances' and would have a slightly higher rate of carbon emissions than standard gas, albeit significantly less than coal-fired power.......

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