c3n0byt3
Expert Member
http://www.iol.co.za/news/politics/sa-to-be-fracked-within-weeks-1.1665020
So they've finally agreed to the exploration.
So they've finally agreed to the exploration.
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LOL, I read farcked at 1st.
Thought this, then thought it as a reference to Firefly's 'Frack' about our country... Obviously over thinking things :/LOL, I read farcked at 1st.
SA was fracked a long time ago.
Government is in a hurry to start now. Probably to pay off Zoomers debt.
Another possibly big issue I see here is that the current administration has always been pushing this ahead, and now the process is at a breaking point. It would also mean that Shell has a large stake in ANC winning the elections.
They couldn't be. To meet their targets and promises they'll need fracking and more.Are the DA against fracking entirely?
Fantastic news...
I admit I'm slightly split on the issue of fracking.
I can see the economic benefits, but it comes down to a couple of key issues:
What additives will they add to the water/fluids that they will be using,
If there are water shortages (which there probably will be) will they get cut off first?
Will the ordinary South African get anything out of it beside the couple hundred jobs? Decreases in prices?
I would have thought R1-Billion could have created more than "a few hundred jobs" but then I realised that a sizeable portion of that amount will be paid out in order "grease the [-]wheels[/-] palms" of government decision-makersRoyal Dutch Shell PC is already on standby for an exploratory fracking licence in the Karoo, and is expected to pump more than R1billion into the process, creating a few hundred jobs.
Not wanting to start another 100 threads about this but I'm also in two minds about this.
I know we need it but in the back of my mind I cannot help but think that they might just fark this up and spoil one of the most beautiful places in our country. There has been some good examples where fracking went horribly wrong but also others where it went without a hitch. So let's hope that the management and control factors are in place as it should be.
From the referenced IOL article ..
I would have thought R1-Billion could have created more than "a few hundred jobs" but then I realised that a sizeable portion of that amount will be paid out in order "grease the [-]wheels[/-] palms" of government decision-makers