31 Oct '12, 8pm

Golden Rules for Shale Gas: Adopting environment- and community-friendly rules is essential if operators don’t w...

Golden Rules for Shale Gas: Adopting environment- and community-friendly rules is essential if operators don’t w...

Illustration: Emily Cooper Click on image to enlarge. The discovery and exploitation of vast shale gas reserves has revolutionized the U.S. energy outlook and may soon do the same in parts of Eurasia and China. But the International Energy Agency (IEA), headquartered in Paris, believes the full potential of these reserves will be realized only if “golden rules ” for drilling and operating wells are adopted. Otherwise, the industry is likely to incur the ire of citizens worried about environmental damage and could face crippling restrictions. The rules the IEA proposes are for the most part common sense: Be meticu­lously careful about where you drill; work closely with local communities and be open with them; don’t let wells leak—recycle water and dispose of it correctly; avoid venting and flaring (burning off excess gas). The IEA estimates that following the rules increase...

Full article: http://spectrum.ieee.org/energy/fossil-fuels/golden-rules...

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