EU Says Shale Gas Needs Regulation, Not Ban
The European parliament wants to regulate, not ban shale gas. The prospect of large scale shale gas development in Europe is complicated by land ownership rules, higher population density and environmental concerns about the fracking process used to extract natural gas from shale. The EU clearly did not want to embrace shale gas as a critical instrument of solving future energy problems, but wasn’t prepared either to dismiss this form of energy. Praise for the EU attitude came both from fracking proponents as well as environmental organizations.
[ec.europa.eu] – 2012 European Commission Report: “Unconventional Gas: Potential Energy Market Impacts in the European Union” (320p). This report investigates the potential impact of unconventional gas, most notably shale gas, on European Union (EU) energy markets.