Here are some more selected news articles for the week ending 26 December 2020. Go here for Part 1.
This is a feature at
Global Economic Intersection every Monday evening or Tueday morning.
Please share this article - Go to very top of page, right hand side, for social media buttons.
Scientist Dominic DiGiulio s Work Illuminated How Fracking Affects People and Environment - - People in communities across the nation have found themselves the participants in a fracking experiment. The practice is controversial because of its potential impacts to public health and the environment, specifically, it can poison drinking water. After years of research, scientist Dominic DiGiulio made this link. He found that people s groundwater can become contaminated under certain conditions. The pits that store fracking chemicals are one example. Such was the case in Pavillion, Wyoming, a community of roughly 230 people.Back in 2008, residents began complaining their water had a foul taste and smell
LNG Could Drive $11 Billion of Australian Natural Gas Project FIDs in 2021, Says Wood Mackenzie
As the pandemic eases and the global economy recovers, $11 billion of Australian natural gas projects could be sanctioned as soon as next year, according to a report released this month by consultancy Wood Mackenzie.
The country has helped drive growth in global liquefied natural gas (LNG) supplies in recent years and exports are expected to drive the next wave of Australian final investment decisions (FID) next year.
“After doing everything possible to tighten belts this year, Australian operators will open their wallets and start spending,” said Wood Mackenzie senior analyst Daniel Toleman. “The backlog of FIDs will begin to clear as a fresh round of projects are sanctioned. But for this to occur, there has to be continuing improvement in the macro-environment and prices trending up.”