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Six Reasons the Karoo Will Not be Fracked

Six Reasons the Karoo Will Not be Fracked

Recently, the Department of Mineral Resources announced that it would begin issuing shale gas exploration licenses in the Karoo. There are five applications from three applicants (Shell, Bundu and Falcon).

No doubt this will lead to another great shale debate in the country, yet few hard facts are available.

There may, however, be at least six solid economic reasons why fracking the Karoo after all is not such a brilliant idea – aside from the ever-present environmental and social risks associated with shale gas development.

Read more at: Six Reasons the Karoo Will Not be Fracked