Related Articles
Forward article link
Share PDF with colleagues

UK government calls for caution around shale gas development

Ed Davey tells the country that shale gas is no silver bullet, but unconventional fuel will be key to Britain's energy security

The UK government has called for caution in the debate over the benefits of shale gas development, saying it is no silver bullet for the country's energy security or its decarbonising targets. "Let's be cautious about the hyperbole on shale. It would likely be the 2020s before we would feel any benefits in full," Ed Davey, the UK's Secretary of State for Energy, told reporters on 9 September. "So we simply can't bank on shale gas to solve all our energy challenges, today or this decade. In the next decade, shale by itself will not come close to solving our basic energy resource security challenge." Davey said developing the UK's domestic shale gas reserves could help to offset falling North

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad