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    BBC: "No Shale Gas Revolution in Europe"

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Summary

President of the International Gas Union (IGU) Jerome Ferrier has said that there will be no U.S.-style shale gas revolution in Europe

by: Erica Mills

Posted in:

Press Notes

BBC: "No Shale Gas Revolution in Europe"

There will be no US-style shale gas revolution in Europe, the president of the International Gas Union (IGU) has told the BBC.

"You cannot duplicate [the US experience] in Europe," said Jerome Ferrier. "Politicians are hesitating to accept shale development."

Abundant shale gas in the US has helped domestic energy prices fall.

As a result some European governments, not least the UK, are keen to develop their own shale resources.

Mr Ferrier's comments come a day after a number of major energy firms called for a working price of carbon.

Read the full article HERE.