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A GLOBAL OUTLOOK ON METHANE GAS HYDRATES

91

of the deposit, identify production technology, and quan-

tify the reservoir productivity expected during the life of the

producing field. Environmental assessments would also be

required in order to consider surface and subsurface issues

over both short and long terms. Potential subsurface issues

to be considered might include possible leakage and migra-

tion of produced gas, strategies for subsurface disposal of

wastewater, and disruption of subsurface resources, such

as groundwater aquifers or conventional oil and gas depos-

its. Possible surface issues might include ground surface

subsidence, a potentially significant challenge in oceanic

accumulations (Moridis and Reagan 2007a, b; Rutqvist and

Moridis 2012), as well as ecosystem impact and the cumula-

tive effects of development.

In an offshore setting, jurisdictional issues could arise, leading

to a need for special policy considerations. Although no poten-

tially accessible gas hydrate occurrences have been found to

date in areas beyond national jurisdiction, our ever-expanding

knowledge of the oceans could lead to such discoveries. In

these situations, global instruments like the United Nations

Convention on the Law of the Sea could serve as mechanisms

to address trans-boundary issues that might range from regu-

lation and environmental management to the overall protec-

tion and equitable use of the global commons.

Other policy issues could go well beyond regulation. In a

market economy, the primary drivers influencing gas hydrate

research and development would vary from nation to nation

and from company to company according to conventional

economic factors, including national endowments of con-

ventional hydrocarbon resources (supply), internal demand,

and market forces (profitability). In those nations with abun-

dant or secure energy resources, development of gas hydrate

resources might occur more slowly or not at all, depending

on the relative economics of gas hydrates versus convention-

al resource development and other factors. In nations with

fewer and less secure conventional energy options but with

significant gas hydrate prospects, a full and aggressive evalu-

ation of gas hydrate resource potential might be more likely.

4.3.2

NATIONAL POLICY AND INTERNATIONAL

ACTION ON CLIMATE CHANGE

Decisions associated with potential gas hydrate development

would be influenced by more than economics and technol-

ogy. Political forces and indirect economic considerations are

likely to play an important role. For example, international

aid, diplomatic concerns, or other socio-political factors

could ultimately sway the decision as to whether a country

should choose to proceed with development.

The choice to exploit or not to exploit might not, in fact, be a

matter of national determination at all. The causes and im-

pacts of climate change are global and require broad-based

international action. The United Nations Framework Con-

vention on Climate Change (UNFCC), now ratified by 195

countries, is the tool through which the nations of the world

are attempting to prevent dangerous human interference

with the climate system. Any development of new sources

of carbon-based energy supplies might well fall under future

international agreements reached through the UNFCC.