Friday, January 27, 2012

No more law

Reuters is reporting on a survey commissioned by the EU on shale gas, which concludes that no additional EU law is needed to regulate the exploration phase - although changes might be needed to protect the environment once the development phase is entered.

This is a highly significant development, as the Greenies have been hoping that the EU would step in and regulate shale gate out of existence, amounting to an effective ban. But energy commissioner Guenther Oettinger says that energy mix is the prerogative of member states and only they can decide on implementing a ban.

One suspects that the commission is unwilling to take on Poland, which is in the advance guard when it comes to shale gas exploration, and it will also be conscious of the political implications (and advantages) of reducing dependency on Russian gas.

I will take a look at this 104-page survey report, and write again in detail, if needed.