BIOFUEL INDUSTRY CLAIMS SHALE GAS BOOM WILL NOT DENT DEMAND FOR BIO-BASSED LIQUID FUELS
March 1st, 2012
BY MARK ROWE
THERE is a scenario that environmentalists, climate change experts and the renewable oils industry have quietly dreaded for some time: what if - as you painstakingly push for a shift away from fossil fuels - another source of fossil fuels, a new kid on the carbon block, fronts up? The oil wealth lurking beneath the melting Arctic was long thought the most likely candidate, but in the past couple of years it has been elbowed aside by fracking, a means of extracting gas from bubbles trapped in shale rock.
Fracking - shorthand for hydraulic fracturing ...
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