Fracking reaches point-of-no-return for EU legislators

The European Parliament, specifically the Industry Research and Energy Committee, has launched a debate on the industrial and energy aspects of shale gas.

It has been recorded that Poland views shale gas as an opportunity for more energy diversity as well as energy security – especially in terms of reducing dependency on third country gas imports.

The draft motion for a Parliament Resolution, prepared under supervision of the reporter MEP Niki Tzavela (EFD, GR), underlined the importance of promoting openness, monitoring and use of best practices. According to the draft report, gas is a quick and cost-efficient way of reducing reliance on other fossil fuels. It also stated that by helping to lower greenhouse gas emissions and backing up renewable, gas may become a “bridge fuel”, leading the European Union towards the transformation of the energy system outlined by the Roadmap 2050 initiative.

New Europe

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One Response to Fracking reaches point-of-no-return for EU legislators

  1. Eric Baumholer

    On the Russian side of this, multi-billions of rubles are at stake. There’s no way they don’t have their fingers in somewhere.

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