Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-21-Speech-3-275-000"
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"en.20121121.20.3-275-000"2
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"The extraction of shale gas can have a significant impact on the natural gas market in terms of dynamics and prices, as well as on power generation. Unconventional gas in the form of tight gas, shale gas and coal bed methane already forms more than half of gas production in the US, with shale gas showing the largest increase. According to estimates, total reserves in the EU exceed 56 000 billion m
while technically exploitable sources may reach approximately 14 000 billion m
. However, there are concerns with respect to the impact of extraction on the environment. These focus on the potential consumption of large volumes of water, chemical pollution of groundwater bodies and especially of drinking water, on the treatment of waste water and risks to surface waters, on the storage of waste drill cuttings, on site-specific impacts, on seismic effects, and the possible implications for greenhouse gas emissions. It is therefore important to monitor worldwide regulatory regimes and practices. The Commission and competent national authorities should also look at the potential environmental impact and provide the public with information based on verified scientific data, while retaining maximum transparency. We must carefully weigh all the benefits and risks and we can only do this if we eliminate the intentional concealment of the reality now subject to public discussion."@en1
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