Russian Scientist Discovers Giant Arctic Methane Plumes

Perhaps (crazy talk around here, I know) the free market might be able to do something about this now apparently abundant resource?

Natural gas (methane and others) is currently being flared off hundreds of drilling rigs because it's not 'economical' (ie, the free market can't figure out how to do it). Now, that is in a place with drilling rigs and other infrastructure and "all" they need to do is collect the stuff, stick it in a pipe and send it to market.

At current natural gas prices, it's a no-go.

Now, lets take a diffuse, dilute methane torch, perhaps 20 meters in diameter. This particular deposit, like the others found, is in Northern Siberia, and in fact, off the coast of Northern Siberia. A place not noted for high concentrations of industrial infrastructure. So, you have to drag everything needed to collect and process the gas to the middle of nowhere. That's rather expensive.

Nope, your happy little 'free market' isn't going to solve this particular problem.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/qJsd7BLiN-0/russian-scientist-discovers-giant-arctic-methane-plumes

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