re: oil shale The new technology is not for oil extraction,it is...

re: oil shale The new technology is not for oil extraction,it is for co-burning with coal, mainly for electricity production..

It removes almost 80% of Co2 normally emitted from coal, it also remove N and S emissions and produce a black char and spent shale can be used in cement production.....profit INMHO could be in excess of $20 /tonne....

In this instance you simply dig it out and do a fine pulvorization before mixing with coal....no millions of infrastructure involved...it does not involve retorting at high temperatures.....Ausrtalia alone could use 20,000 ton /day.....