UK Panel Rejects Shale Gas Moratorium
A British parliamentary report issued Monday said that the UK should not pursue a moratorium on shale gas exploration, even while it acknowledged that the country’s supply was “unlikely to be a ‘game changer’” as it has been in the United States. The report was good news for Cuadrilla Resources, which has an interest in reserves found near Blackpool in northern England.
(Related: “The Great Shale Gas Rush“)
As this recent post points out, Great Britain has made a huge shift away from coal toward natural gas in the last several years. In 2009, according to the British government, natural gas accounted for 47 percent of its energy supply; this share