The government has given the green light to allow the controversial practise of “fracking” for shale gas to continue – sparking speculation that it could inspire a “dash for gas” within the energy industry.

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Energy secretary Ed Davey announced today that the much-maligned procedure for extracting gas could resume in the UK, with assurances made that measures would be in place to reduce the risk of it causing earthquakes.

It comes after gas company Cuadrilla moves to extract gas in Lancashire were put on hold 18 months ago after fracking, which uses high-pressure liquid to split rock and extract gas, caused two small earthquakes.

Mr Davey said that shale gas provided a promising new resource for energy in the UK, despite the picture being unclear as to how it could benefit energy resources, jobs and the economy.

However, the minister was confident that the gas would play an important role in the coming decades for heating, cooking and electricity.

Meanwhile, The Treasury has thrown its support behind the industry by proposing tax relief for shale gas, as well as revealing a gas generation strategy, which may pave the way for a new “dash for gas”

But campaigners warned that a dependency on gas could prevent the UK for meeting its targets for cutting emissions in a bid to reign in the effects of climate change.

8 comments

  • This new technology to be tried in Lancashire and hopefully soon in the Home counties stockbroker belt will pollute springs in the trough of Bowland with chemicals. Our needs for energy should come from the huge potential we have all along our coastline not be determined by cheaper gas prices in the US, since when was that ever an argument.

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    ingo wagenknecht

    Friday, December 14, 2012

  • So earthquakes are now good for the economy? Who knew!

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    Bellatrixa

    Friday, December 14, 2012

  • on fracking Another decision taken above our heads without a mandate, because, oh deary me, US citizens are paying far less for their gas. We are unwilling to make alternatives work for all of us, the headline should be. Unless you are rich, part of the establishment andor a large landowner with more connections than sense, off course that enough to benefit from alternatives. Fracking is bad for Lancashire's springs and wells, but the added attraction of earthquakes might give tourism a boost. This announcement is giving a green light to polluters.

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    ingo wagenknecht

    Friday, December 14, 2012

  • There may well be problems caused by this procedure, but the benefits will far outway them. If we can produce a good volume of gas, then our dependency on imports is less,our balance of payments improves and people can afford to keep warm at home. All of this will improve life expectancy overall. The same cannot ever be said for the mythical and evasive 'green' or 'low carbon' energy.

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    broadsman

    Thursday, December 13, 2012

  • Climate change is a natural phenomenon, This mmgw farce has gone on far too long and is one of major factors that we now rely on Russian and Norwegian gas for keeping the lights on.

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    nrg

    Friday, December 14, 2012

  • Just waiting for the quango's EEEGR, East Anglia LEP, and Yarmouth outer harbour to start saying "oh it's great" and a "jobs boost for the east of england". Same old mantra where if you said that making chocolate teapots was good for the anglian economy they would be nodding in agreement

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    "V"

    Thursday, December 13, 2012

  • Global capitalism could not care less what the effects on people are,whether it be fracking or employing Bangladeshi clothing workers in fire traps.

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    Peter Watson

    Tuesday, December 18, 2012

  • What will the NIMBYs say? Not that the sort of nimbyism we see in this part of the country concerning turbines, panels, pylons, etc can be compared with the legitimate health and environmental concerns, such as seismic damage and ground water pollution, that would suggest fracking is not such a good idea. Obviously the companies concerned have some good lobbyists, maybe they're linked to Cory.

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    Police Commissioner ???

    Thursday, December 13, 2012

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