BUSINESS

Shale Gas: Quebec's Environmental Review Board Says It's Not Worth The Risk

12/15/2014 02:08 EST | Updated 02/14/2015 05:59 EST
JUAN MABROMATA via Getty Images
View of oil drilling rigs at Vaca Muerta Shale oil reservoir in Loma Campana, in the Patagonian province of Neuquen, some 1180 Km south-west of Buenos Aires, Argentina on December 4, 2014. YPF has an agreement with US Chevron to exploit Vaca Muerta, the world's second largest reserve of shale gas and fourth largest reserve of oil, estimated to contain the equivalent of 27 billion barrels. AFP PHOTO / JUAN MABROMATA (Photo credit should read JUAN MABROMATA/AFP/Getty Images)
MONTREAL - Quebec's environmental review board says shale gas exploration in the province is not worth the risk.

The agency report concludes there are too many potential negative consequences to the environment and to society from extracting natural gas from shale rock deposits along the St. Lawrence River.

The report cites risks to air and water quality, potential increases in noise and light pollution and says the deposits in the province are located in densely populated areas along the river.

In 2011, the Quebec government issued a moratorium on exploring for natural gas in the province until it finished an environmental assessment, which included the report published today.

The federal government says there are up to 300 trillion cubic feet of natural gas in shale deposits in Quebec and that before the moratorium, 31 exploration wells had been drilled between Montreal and Quebec City.

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