So investigator Jorge Talliant finds, as reported by the FT. “There is a history of abuse as no one is controlling the sector ….there is no credible environmental authority.”
“…“Methane is leaking everywhere,” says Mr Taillant, executive director of the Center for Human Rights and Environment, a non-governmental organisation founded in Argentina and now based in the US. He says at least 5 per cent of Vaca Muerta gas produced is lost, often leaked intentionally when pressure needs to be released.”
“…“If Argentina is to fully develop Vaca Muerta, it would blow a hole in the carbon budget,” argues Guy Edwards, co-director of Brown University’s climate and development lab in the US. “It is one of the key reserves that, according to climate science, should stay underground if there is a chance of achieving the Paris goals,” he adds.”
The report also mentions the risk that investments will end up stranded.
Image: Misiones Online
Image: Misiones Online