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Controversies regarding costs, uncertainties and benefits specific to shale gas development

Sustainability (Switzerland) (2015) 7(3) 2473-2489
DOI: 10.3390/su7032473
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Abstract

The shale gas exploration and development is now a delicate and controversial subject. It is often assumed that unconventional exploration and extraction automatically brings prosperity for local, national and regional economies. In this paper, we argue that shale gas development requires a contextualized understanding of regional issues. We are also trying to identify the opportunities and the risks of shale gas development in Eastern Europe (referring to Romania's case) and offer a cost-benefit analysis model that may be of interest to any policymakers and investors.

Figures

  • Figure 1. The hydraulic fracturing process Graph source: Unconventional gas: Potential energy market impacts in the European Union—Joint Research Centre.
  • Figure 2. Potential flows of air pollutant emissions, harmful substances into water and soil, and naturally occurring radioactive materials Source: [9].
  • Figure 3. Location of respective areas EX—19, EX—18 and EX—17. Source: [1].
  • Figure 4. Location of eastern sites. Source: Agentia Nationala pentru Resurse Minerale, [1].
  • Table 1. Model of cost-benefit analysis for shale gas development.

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CITATION STYLE

APA

Muresan, J. D., & Ivan, M. V. (2015). Controversies regarding costs, uncertainties and benefits specific to shale gas development. Sustainability (Switzerland), 7(3), 2473–2489. https://doi.org/10.3390/su7032473

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