Nigeria -
Oil spill. Not a fracking issue...
Ecuador
50 years ago...
Ivory Coast
A charge still denied to this day, but probably cost them far less to settle than to engage in a protracted, mass litigation process.
Look, there are risks. Fewer risks than mining, mind you. And this is what I really don't understand about those calling for its banning. I don't see anyone protesting the issuing of new exploratory licences and mineral rights, when the same risks and more exist in the mining sector. What do you guys think companies like Sink Shafters do? They do this each and every day, using explosives, toxic chemicals, drilling and excavation on behalf of the mining companies, so there are even more risk components to what they do than what fracking involves, forgetting for a second the human risk factor too.
The Karoo is desolate, with from what I've heard, isolated water tables. What is needed here isn't an uneducated call for ourtight banning! Where would we be to this day if we simply banned everything that involved an element of risk? We need careful monitoring of the process and to demand conditional agreements with the oil companies involved. We need independent risk management and assessment, and carefully planned CSR programmes adopted.
Those claiming that this will only enrich the politicians clearly have no idea how economics works. Even if kickbacks are paid (which I'm sure they will, and I disagree with but is the reality we live in), it still doesn't detract from the flow of money into the country, the steady employment increases this massive project entails and the subsequent impact on our economy. The simple fact of the matter is that in any country, risk is assessed within both an operational and financial scope, and if the economic benefit outweighs operational risks, it will go ahead on condition that existing inhabitants of the area are safeguarded. This is the way big business works and the safeguards will need to be contractually agreed upon. If it requires Shell to fund and manage new water distribution systems isolated from their process, then what you have is a public/private participation process involved in not only enriching the area and the economy, but further building of infrastructure in the area without tax payers' money being used. This is a good thing and is inevitable if proper CSR programmes are adopted in accordance with the King Code of corporate governance.
So remind me again, in such an isolated area, whose existing frail and inept water supply systems do not feed other areas, and where investment is needed but not forthcoming from government, how is fracking in this area in any way a bad thing? Even if the risk of contamination is high, this can be dealt with by ensuring alternative supply, filtration and distribution systems are in place, which inevitably is what happens when high impact risks are found. The same thing already happens in the mining industry. There is no need to start re-inventing the wheel here...