'Lords of the Manor' to cash in on 'fracking'
chris morton
crisscross at evendine.eclipse.co.uk
Tue Nov 8 09:31:48 GMT 2011
Hi Paul
Do we have an estimate of the ratio between energy in extraction to
energy gained for this technology yet?
When it is being calculated it obviously must include not only the
closely related costs of drilling etc and refining and distribution,
but also the indirect costs such as restoring damaged land, social
disruption and - it seems - the cost of all those expensive law firms
with their over-heated offices and corporate bullshit.
For oil shales the bandied about ratio is 1 to 2 (compared to 1 to 100
for a gulf oil well), but I am not sure whether that includes costs of
repair to environment and social disruption.
All cost need to be in energy units, not dollars or some other
artificially distorting medium
I need hardly say that every joule of prime oil energy that is not put
into renewables is a joule permanently lost from a finite store - our
REAL capital.
Chris
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