The risks for Europe of failing to exploit shale gas resources

Cheap coal imports are leading to higher emissions (photo:dpa)
Cheap coal imports are leading to higher emissions (photo:dpa)

A number of countries in Europe and Asia have been deeply sceptical about the benefits of using their own shale gas resources, mainly because of warnings over risks to the environment. But as the supply of energy becomes ever more problematic - and expensive - particularly in the wake of US dominance in the shale gas market, some in Europe are having second thoughts.

EUROPEAN industries and some European governments have recently begun to recognise that the unconventional gas revolution is no longer confined to North America, but is spreading globally.

The rapidly expanding production of shale gas has transformed the United States from being the world’s largest import ...

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