The WWF is only highlighting research done in this area that is of interest to all parties involved. Maybe you should order a gag order, or jam the signal, since this is what you and @diesel are suggesting here.
Furthermore this study does not make reference to exploration being unviable. Nobody brought up exploration here except you. Which make this a very poor attempt at trolling the discussion into a completely different direction. And your suggestion that the government gets the data for free after an exploratory drilling company loses its mandate, means everybody sits on their hands for a decade or two. Have you thought this through.
Firstly im not derailing anything , was merely pointing out the fact that the WWF has pulled the "unviable" claim out its arse and is based on assumptions.
lets take a look.
“Based on our current knowledge and assessment, shale-gas extraction has, at best, marginal economics, and its commercial success is largely dependent on five key drivers,” the report said.
These factors remained constant, whether one was in favour of fracking or not. They are:
* the rate at which technological capability is learnt; - Capability and technology has been refined and will be brought over, nothing new needs to be discovered.
* understanding the geology;- S.a has world class geologists , great opportunity for creating more jobs in this field.
* a high enough price for gas and oil plus other incentives;- if its not feasable the companies wont go ahead with it.
* the timing and scale of drilling;- again the feasability study will determine this.
* and lessening the cost, during fracking and afterwards, of “externalities” – the costs borne by the environment and society, which are not captured in the market price. This includes issues like water pollution or loss of agricultural livelihoods.- Umm the desert isnt exactly prime agricultural land, water will probably be the main issue here , jobs will be created and more families will have an income, towns will boom with mining supply stores , hardware , electricians , engineering works etc etc.
The report argues that, unlike South Africa, shale gas fracking developed in the US, where there was already a well-developed and mature oil and gas industry, with specialised drilling expertise and a knowledge of the geology.- all the technology coming will be advanced and improved.
when i read the article it was clear that the WWF has no clue what they are talking about and they have no arguement, the fact is the gas companies are all about profit and if its not viable then they wont go ahead with it, that is all i was saying, for the WWF to make a statement like that based on assumptions makes them look stupid.