Future of European fracking hinges on English projects
Thursday, November 2, 2017
Subject
Shale gas in Europe.
Significance
Companies in England are preparing to recommence fracking at several sites with the enthusiastic support of the UK government. However, the Scottish Parliament on October 24 voted to ban fracking, underpinning the opposition to the exploration and development of shale gas in Europe.
Impacts
- The Scottish government’s decision may damage its relationship with some of the country’s few remaining industrial players, notably INEOS.
- Even if English projects are successful, it will take years for the industry to make a significant contribution to UK energy needs.
- The EU could take greater responsibility for regulating shale gas development after Brexit.