Global exploitation of shale gas reserves could transform the world’s energy supply by lowering prices, improving security and even curbing forecast carbon dioxide emissions, but the industry might be stopped in its tracks if it doesn’t work harder to resolve concerns over its environmental safety, the International Energy Agency said Tuesday.
Explorers must address social and environmental concerns over shale gas extraction if the unconventional fuel is to thrive, the International Energy Agency has said. Launching a new report by her agency on the issue, IEA executive director Maria van der Hoeven said the technology was available for environmentally-responsible production of unconventional gas.
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