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Why South Africa’s Shale Gas Exploration Program is Self-Destructive?

October 31, 2012

South Africa’s decision to prevent hydraulic fracturing during exploration has put South Africa eons behind other countries that have proven shale gas resources. By the time SA wakes up, even the prospects of an export market will be dominated by lower cost producers.

With the 5th largest technically recoverable shale gas resources in the world, South Africa is throwing a golden opportunity into the book of things that makes a country 3rd world. This is happening at a time when the economic prospects and growth for Africa remains high.

Hard factual data shows that when done right with proper oversight, today’s risk of environmental damage from hydraulic fracturing is significantly less than the damage they are causing my burning coal to generate electricity. South Africa ranks 14 amongst other countries of the world for Greenhouse Gas emissions.

SA has essentially mandated the shale gas industry to drive a car with no wheels. Guys, it can’t be done with any degree of efficiency, precision and timeliness.

Time for South Africa to wake up and join the modern world!

Am I missing something?

One Comment leave one →
  1. October 31, 2012 7:50 AM

    After three business trips to South Africa in the last 6 months, the one common point that comes up in almost all conversations is that most if not all young adults want to leave SA. The prevailing feeling is hopelessness.

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