Peter Law of the Western Mail/Echo invited me and Louise (Vale Says No campaign) to comment on this report:
http://www.proactiveinvestors.com.au/companies/news/16680/eden-energy-prospective-uk-gas-resources-are-world-class-16680.htm Our responses: That there is huge potential gas resources under South Wales and several other parts of the UK is not surprising and not really news. It does nothing to alter the arguments against the proposed exploitation of this resource on two principal grounds. This report is indeed of a concern to us, but it is difficult to decipher what is fact and what is a part of their PR machine. There is nothing to stop Eden from over exaggerating the potential reserves of gas in South Wales to add weight to their argument to drill. Eden are parties with Coastal Oil and Gas, so it is obviously in their interest to publish this report as they have a huge investment already in South Wales. No one knows for sure what is underneath us until they extract it. These are private companies set to make a lot of money out of shale gas, so everything I hear from them is taken with a pinch of salt and a large dose of bias. There is so much evidence linking fracking to some horrendous consequences that we are still convinced that the risks are just far too great! |
This really is a awesome post. Thanks for taking a few minutes to explain all of this out for folks. It’s a great guide!
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