Why Shale Development Is Good For Your Community

via The Global Warming Policy Forum (GWPF)
http://www.thegwpf.com

Green campaigners have been spreading myths about shale

Earlier this year, Friends of the Earth were forced to withdraw a leaflet by the Advertising Standards Agency, as it contained unsubstantiated claims about hydraulic stimulation.

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Shale will mean MORE money for local services

The planned Shale Wealth Fund will mean that at least 10% of the tax proceeds of shale wells will go to local communities, and there are plans for this proportion to increase. This could deliver as much as £10m to local communities with wells located nearby.

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Shale extraction is safe and clean

In the United States, where the industry is well established, surveys by the Environmental Protection Agency and the US Geological Survey have found that the technique does not contaminate water supplies. The UK Government’s former Chief Scientist, David McKay, has concluded that the carbon footprint of UK shale gas extraction is less than imported Liquefied Natural Gas and four to five times less than coal.

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Shale will bring investment and jobs to your hometown

It has been calculated that the onshore gas and oil industry could directly support 64,500 jobs nationwide, and £33bn of additional investment.

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Current regulations provide the strongest possible protections

Existing rules require shale operations to be discontinued if they cause a tremor above 0.5 on the Richter scale. Dr Rob Westaway, of the University of Glasgow, has said: “If regulations for other vibration-causing activities were similarly restrictive, you’d have to prevent buses from driving in built-up areas or outlaw slamming wooden doors.”

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Shale gas and oil could REDUCE energy and fuel costs

Importing energy from abroad involves significant extra costs. Developing a domestic resource will reduce import costs and provide greater security of supply for the UK energy market. In 2016, it has been estimated that fracking added $1,000 to the average American household’s disposable income, compared with 2014.

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via The Global Warming Policy Forum (GWPF) http://www.thegwpf.com

July 17, 2017 at 12:04PM