Canada's Economy Could Miss Out In The Coming 'Age of Gas'

摘要

Shale gas exploration is a global energy game-changer and is also Canada's best bet for keeping the nation's economy buoyant and arresting the meteoric rise of home energy bills. But highly vocal lobbies are threatening to drown out energy facts and economic realities. Indeed, if Canada allows a moratorium to be imposed on drilling - a path almost every other country with deposits has thus far refused - it is at risk of losing its place in the vanguard of global shale gas exploitation, and costing the jobs and public revenues Canada currently enjoys as the world's third-largest natural gas producer. Around 70% of the world's surface rocks are sedimentary, and half of those are shale. Many of these formations have vast quantities of trapped natural gas and oil.