Fracking Controversy
In New Brunswick, citizen groups and environmentalists opposed to fracking have been blocking roads and staging demonstrations at public meetings and government buildings. Despite the public outcry, the industry is rapidly moving ahead in the province.
...No, I'm not suggesting we should wait for bogus studies to conclude whatever the people with the money decide the studies should say. No, I'm not suggesting we need to wait for glowing public relations campaigns to convince the public to trust energy companies.
Quebec is home to one of the largest shale formations in North America, and supporters of the industry say it could deliver $1 billion in annual royalties to the province, generating between 5,000 and 19,000 jobs.
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"The temptation is to get in there really fast and exploit it as fast as possible," she says. "But the rock isn't going anywhere. There should be no rush to develop this resource."
Why now?
Let's wait until the world economies are booming, the Saudi's announce their wells are drying up, and the price of energy goes through the roof!
Let's wait until other countries have found out all the potential problems that can be encountered and hopefully how to avoid those problems!
Let's wait until the amount of money coming in from these resources is so stupendously huge that we won't have second thoughts about taking the risks involved!
Our governments should be figuring out how to get the most out of the resources Canada has not simply figuring out how quickly we can utilize all of them. Let other people be quicker to jump into this -- it's not a race. Those who sell at a higher price later win.
Addendum:
Interesting link about Ohio earthquakes possibly having a relation to fracking activities.
Evan Albertan's are getting antsy about freaking fracking.
It was interesting to hear Kevin O'leary on the CBC say how in ten years the technology for fracking will be "figured out" and smart investors should "get in now " in spite of water sources being poisoned .
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