Hydrofracking Global Issue

Hydro frackings global impact Benefits Immediate resolving power to the push crisis in the future Fracking is a solution to an affordable energy supply to the world UKs future energy crisis due to low bluster storage and rely heavy on import. Exploring the hidden potential for lifelike gas most the world Many countries such as China, Australia, France, etc. have vast shale formation and potential for hydro-fracking natural gas. China has sum up 1,275 trillion third-dimensional feet of technically recoverable gas compared to 862 trillion cubic feet in USLower energy be for other countries around the world heights cost from buying shipping energy from other countries High costs to build nuclear plans for energy Global environment will wellbeing from hydro-fracking Solution to deal with global warning Carbon dioxin emission diminish as the USs emission decrease 7. 7% since 2006 Importing energy through pipeline cause environmental dama ge due to methane leakage during pilgrimage Less toxic compared to nuclear plansJapans nuclear shut down afterward tsunami disaster due to the toxic effect to the environment and people around the areas Benefit the countriess economies as wellas the worlds economy Partnership between China and the U,S take a leak more jobs and stimulate the economy in both countries Drawbacks Global environmentals nix change Shale gas root cause earth tremors possible seism but not difficult and serious and only around the extraction area. Long-term risk for the underground water visions that might cause general ealth risks Political turn out Many countries has not tapped the natural energy resource due to technical hurdle and political issue due to the jeopardy that hydro fracking can cause to the people live near the s France has strong public opposition to hydro-fracking Bulgaria ban it Poland welcome it but was charge with grafting during the awarding lease proc essing and taint the plans Pending environmental limited review in South AfricaHigh costs for different countries In some European countries such as Poland, the costs to drill is three times more expensive compared to Texas, US. Need of Advance technologies to reduce drilling and extracting costs Geologiess differences issue Chinas shale formation are deeper underground, thus private property rights has hindered the development. The countrys biggest shale gas laurels lay in the province that water is hard to come by.