Advantages Of Fracking Flashcards
How much is the uk expected to import of its gas needs by 2030?
75% (Item 2)
How much has North Sea gas production fallen between 2011-2014?
38% (Item 2)
How much has us gas prices reduced as a result of fracking?
75% (Item4)
How many fracking licences were granted by the government in 2015?
100
What was the name of the fracking company that increase the revenue to the local community to 6%?
Ineos
What are 5 assurances from the Cuadrilla website in terms of limiting the impact of water contamination?
1) 3 casing layers of prevent leakage from the tube
2) Well pad constructed and thick impermeable membrane
3) Manchester Marl prevents shale gas escaping for millions of years
4) Water is not stored in open pits instead in the steel tanks
5) Treatment of flowback
What are two assurances on Cuadrilla website in regards to mitigating seismic hazards?
1) Traffic light system
2) Monitoring fracture/fissure development
How many jobs do David Cameron and Cuadrilla state will be created by for onshore fracking?
74,000
What are the royalties proposed by Cuadrilla for the local area?
£100,000 grant and 1% of revenues
How much do Cuadrilla state will be generated by the provided royalties upon the local community?
£1.1 billion over a 25 year period
How much investment to Cuadrilla state will be created by fracking in the Fylde over 18 year time frame?
£33 billion
What are the three main economic benefits of fracking?
1) Increased domestic supply
2) Reduced Imports
3) Budget spread out across other sectors
What do some believe natural gas acts as in terms of climate change?
Transition fuel
How much less carbon dioxide and does not show gas produced when burnt compared to coal?
50% less
With the increase in domestic, supply from the Bowland Basin how long could natural gas supplies last?
30-50 Years
