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
Short shrift for Gazprom’s portfolio investors
19 March 2018
The world’s largest gas producer is once more likely to ignore calls to increase dividends
Russian energy giants face contagion risk
19 March 2018
Constrained by sanctions, firms are tied to the fortunes of domestic banks
Sisi keeps a lid on
16 March 2018
Egyptians face another four years of authoritarian rule