BR NS Fracking Ban – CP

by ahnationtalk on January 12, 2018131 Views

Source: The Canadian Press – Broadcast wire
Jan 12, 2018

HALIFAX – Premier Stephen McNeil says his government’s ban on hydraulic fracturing will remain in place, despite an analysis that highlights the potential for billions of dollars worth of onshore gas in Nova Scotia.

The Nova Scotia Onshore Petroleum Atlas lists the economic potential at between 20-billion to 60-billion dollars U-S.

The Energy Department analysis says based on available geological data, the Windsor and Cumberland sub-basins are the areas that hold the most potential for hydrocarbons.

But McNeil says it’s simply one report that will give the public a chance to discuss fracking and onshore gas exploration.

The Liberals passed legislation banning fracking in 2014, but have not proclaimed it.

McNeil says the government remains concerned about the potential impacts fracking could have on potable water tables given the province’s geology.

He says he’s not concerned the province is passing up an economic opportunity as offshore reserves of natural gas dwindle.

ked

(The Canadian Press)

INDEX: OIL&GAS NATIONAL ENVIRONMENT BUSINESS ATLANTIC POLITICS

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