04 Feb '12, 3am

Risk, Opportunity, Scarcity - Sustainability Challenge for Oil, Gas and Mining #CSR

LONDON, Feb. 01 /CSRwire/ - As energy becomes scarcer innovative forms of extraction have emerged. Most prominent among these due to their controversy are fracking and oil sands. Obama in his State of the Union address backed fracking alongside additional regulation requiring companies disclose the chemicals used in the process. Keystone XL did not receive the Presidents backing amid claims the Congress imposed deadline did not give sufficient time to weigh the social and environmental impact. The more cynical might suggest it was simply too controversial a decision to take in an election year. Regardless of the motives behind each decision the question must be posed, has the extractives industry ability to operate in increasingly complex and difficult environments been matched by implementation of a sufficiently robust social and environmental policy? Fracking in the USA ...

Full article: http://www.csrwire.com/press_releases/33715-Risk-Opportun...

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