UK shale gas is more lead balloon than silver bullet

An interesting article by the Guardian’s Damien Carrington, who, as he says, is ‘not opposed to shale gas in principle, if all the environmental concerns are addressed, especially methane leakage.’  Here he looks at three key claims for shale gas extraction; that it would reduce carbon emissions, lower energy prices and would not need public subsidies.  He shows that all three of these assertions are false: that only renewable energy can lower greenhouse gas emissions, that gas prices in Europe are due to rise with or without fracking and that gas companies in the United States have received enormous subsidies and tax breaks.  Read the full article here:

UK shale gas is more lead balloon than silver bullet