Building a world of
resilient communities.

MAIN LIST

 

Shale oil demonstration plant to close

Greenpeace has welcomed the sooner-than-expected closure of stage one of the Stuart shale oil plant at Gladstone in central Queensland.

The controversial project has been plagued by environmental issues.

The move will cost about 100 jobs but the company denies the controversial project has stalled.

Queensland Energy Resources, which runs the demonstration plant, says it will be placed into care and maintenance around September.

Chairman Ross Dunning says while the shut down is earlier than expected, enough has been learned from it to warrant its closure.

Greenpeace's Gareth Walton says the move speaks volumes.

"What stage one really shows is that shale cannot be produced from oil economically without significant environmental impacts, without impacts on the local community and without major technical problems," he said.

Mr Dunning says the company's goal is to use the information from stage one to ultimately produce shale oil commercially, but he says environmental issues will be addressed.

"We're not going to build any plant that doesn't satisfy environmental and safety concerns that are reasonable and expected," he said.

The next stage cannot progress without Government approval which is yet to come.

Editorial Notes: Headline changed from ABC's: "Greenpeace happy with part closure of shale oil plant".

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


Shales vs. solar: An investment perspective

But perhaps the real proof of a new energy paradigm shift lies in the fact …

Peak Oil Review - July 28

A weekly review including Oil and the Global Economy, The Middle East & …

The Changing Face of World Oil Markets

My conclusion is that hundred-dollar oil is here to stay.

IEA Oil Market Forecast: Optimistic Assumptions And An Economy Unable To Grow Out Of Its Problems

The International Energy Authority does does its best to paint a rosy …

Energy Crunch: Global debate heats up

News that last month was the world’s hottest June on record provided …

Divest! - Then What?

Divestment is one of the great campaigns of our times.But the question then …

World Oil Production at 3/31/2014-Where are We Headed?

The standard way to make forecasts of almost anything is to look at recent …