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Tuesday, October 16, 2012

Solazyme: "Green" Fracking

Link here to SeekingAlpha.com.
Hydraulic fracturing is a drilling practice that is growing exponentially. It has been credited with the discovery of large pools of previously unreachable resources. It often involves the injection of large amounts of hazardous chemicals into the ground. As a result, it has led to widespread fear and accusation of environmental contamination to water reservoirs. Solazyme's application describes a cost-efficient, biodegradable additive that can be used in the production for greener alternatives.
It's my understanding that the single fracking fluid of most concern is diesel. The linked article does not specifically state if this additive replaces diesel, if it works in very cold temperatures, and/or if it addresses all EPA concerns with regard to chemicals.

Obviously, it does not address concerns of earthquakes.

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