well they wont need gas from Broome then…

Who isn’t finding shale gas these days?
To whom shall we sell all those super-costly solar units, that we will supposedly be “world leaders” in?

China reveals 25tn cu metres of shale gas

China announced the results of its most extensive official appraisal of shale gas reserves on Thursday, having found potentially recoverable resources of 25.1tn cubic metres – less than previous estimates.

Although the figure is lower than an earlier estimate of 31tn cubic metres, China is still believed to have some of the largest reserves of shale gas in the world and has been working to develop shale gas as a cornerstone of its energy policy. The new estimate is enough gas to meet the country’s current consumption for nearly 200 years if fully extracted.

As Richard North points out, this changes everything:

Keep reading  →

Woodside might now have to abandon their plan to build the world’s second largest refinery complex near Broome.

Who would be mad enough to fund it now?

About Tom Harley

Amateur ecologist and horticulturalist and CEO of Kimberley Environmental Horticulture Inc.
This entry was posted in Broome/Kimberley, energy, Environment, Oz politics and tagged , , , , , . Bookmark the permalink.

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