Drilling for gas, oil on Western Cape shore not deemed economically viable


“This means that our economy won’t grow. It definitely won’t create more jobs and there are huge negative impacts that are usually localized near the extraction sites. This means that for those of you living in Mossel Bay and along the Western Cape coast, you should expect to see your way of life-changing for the worst, including seeing the cost of living increasing. More than that South African taxpayers will be stuck with more national debt to pay off.”

Source: sabcnews