10 Jun '12, 9am

Ceres Exposes Risks of Oil Shale Investment - Triple Pundit

Ceres Exposes Risks of Oil Shale Investment - Triple Pundit

The sustainable investor group Ceres has just issued a new report on oil shale , and it sounds a loud note of caution to investors who may be interested in the commercial development of this particular fossil fuel source. Though the U.S. Bureau of Land Management has given the go-ahead for oil shale operations on federal lands, so far these are limited to the research and development scale. Ceres reports that some significant hurdles are standing in the way of commercial scale oil shale development. The difference between oil shale and shale oil Oil shale refers to a type of sedimentary rock that contains kerogen . Kerogen is composed of several organic substances and it can serve as a low-grade fuel when burned in a furnace. Oil can be produced from kerogen by subjecting it to high heat. The resulting vapor, when cooled, forms a liquid. There are two basic ways to conduct...

Full article: http://www.triplepundit.com/2012/06/ceres-exposes-risks-o...

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