Public opinion stands in way of EU shale gas
2013 08 29

By Benjamin Fox | EUObserver



If the oil and gas industry thought that a US-style shale gas revolution would seamlessly find its way across the Atlantic, it has had a rude awakening. Getting public support for fracking in Europe risks descending into a street-fight between industry and environmental NGOs.

The UK government has been particularly gung-ho in its attitude to shale gas drilling, offering generous tax incentives to companies for fracking.

For their part, a number of drilling companies have promised that residents living near drilling sites will share in the profits, with plans to offer at least £100,000 (€116,000) to each community close to an exploratory well, of which there are likely to be thousands, together with a 1 percent cut of any profits if the well produces gas.

Prime Minister David Cameron and his finance minister George Osborne have become enthusiastic cheerleaders for natural gas drilling as they bid to be Europe’s first country to emulate the US shale gas revolution.

[...]

Read the full article at: euobserver.com



Tune into Red Ice Radio:

Ian Crane - Hour 1 - Fracking & The Globalists’ Financial War

Ian Crane - BP Oil Spill, Corexit, Solar Storms & The Bigger Picture

Ian Crane - The Deepwater Horizon Rig Explosion & The BP Oil Spill




Related Articles
How shale fracking led to an Ohio town’s first 100 earthquakes
Fracking chemicals may be making oil more dangerous
Children given lifelong ban on talking about fracking
Confirmed: Fracking Triggers Quakes and Seismic Chaos


Latest News from our Front Page

Right into enemy hands? ISIS shows off new weapons allegedly airdropped by US (VIDEO)
2014 10 23
Islamic State has published a new video in which a jihadist shows off brand-new American hardware, which was purportedly intended for the Kurds they are fighting in the Syrian border town of Kobani. The undated video, posted by the unofficial IS mouthpiece “a3maq news”, sees a jihadist showing several boxes of munitions with English-language markings, with a parachute spread out on ...
STAGED INFECTION: Has The Ebola ‘Outbreak’ Narrative Fallen Apart?
2014 10 22
Over the past month, the ‘pandemic’ propaganda surrounding the deadly Ebola virus seemed to reach vitriolic levels – raising serious questions about the validity of this current viral outbreak… On Monday of this week, it was reported that 48 people were released and cleared after a 21-day quarantine due to their contact with the now deceased Ebola-stricken patient Thomas Eric ...
6,000-Year-Old Temple with Possible Sacrificial Altars Discovered
2014 10 21
A 6,000-year-old temple holding humanlike figurines and sacrificed animal remains has been discovered within a massive prehistoric settlement in Ukraine. Built before writing was invented, the temple is about 60 by 20 meters (197 by 66 feet) in size. It was a "two-story building made of wood and clay surrounded by a galleried courtyard," the upper floor divided into five ...
What happened to Journalist Serena Shim? Assassinated? Find out what happened to Serena, Press TV director calls on Turkey
2014 10 21
Press TV news director Hamid Reza Emadi says the “suspicious death,” of the news channel’s correspondent in Turkey is a tragedy for “anyone who wants to get the truth.” Emadi made the remarks in an interview with Press TV on Sunday following Serena Shim’s death across the border from Syria’s Kurdish city of Kobani, where the ISIL terrorists and Kurdish fighters ...
Ancient Roman Nanotechnology Inspires Next-Generation Holograms for Information Storage
2014 10 21
The Lycurgus Cup, as it is known due to its depiction of a scene involving King Lycurgus of Thrace, is a 1,600-year-old jade green Roman chalice that changes colour depending on the direction of the light upon it. It baffled scientists ever since the glass chalice was acquired by the British Museum in the 1950s, as they could not work ...
More News »