DTE 0.00% 13.0¢ dart energy limited

uk shale 2013 conference , page-9

  1. 1,726 Posts.
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    meerkat ,

    This isn't the comments section of the Guardian where people go off half-cocked because they made no effort to acquaint themselves with the facts .

    People who invest in companies generally take time to acquaint themselves with the facts .

    As part of my investigations I watched the Ingraffea videos perhaps 2 years ago and came to a different conclusion from you .

    What do you do to make a provision for your old age ?

    Even if are you a state worker who has it done for you , if that pension is based on a fund , as for instance UK local authority workers pensions are , that fund probably includes shares in household name companies I would not touch for ethical reasons .

    Shale is technically challenging in the UK because of the geological history of being involved in the last three mountain building exercises leading to faulting - Cuadrilla managed to pressure lubricate a fault until it slipped .

    Our engineers are up to the challenge though and even the engineer I was talking to who worked for Campaign for Protection of Rural England said "I think we can do this" .

    If you are hoping for a disaster you may be disappointed .

    I'm all for developing offshore wind and limited tidal - though insulation and demand management provides a bigger bang for the buck .

    Renewable is not the only possible long term future . Mankind may learn to sustain and harness hot fusion or cold fusion could be proven or some completely new and unforeseen could come along .

    Even if renewables met 100% of our current electricity needs due to improvements in energy storage , this would probably be a century away and we still need twice as much energy again for transportation and heating .
 
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