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European Parliament eliminated shale gas from the new environment rules

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Members of European Parliament voted Wednesday in favor of tightening the rules on oil and gas exploration impact on the environment, but shale gas wasn’t mentioned in the new rules, according to Reuters. A number of member states such as Britain and Poland support the development of shale gas, seen as a way to reduce dependence on Russian natural gas and reduce energy costs at a level similar to those in the U.S..

According to the law, the assessment of a wide range of infrastructure projects and of projects in the oil and gas industry will also include the impact of these projects on biodiversity and climate change, plus measures to ensure that the authorities that grant approvals are not in a conflict of interest.

Energy companies believe that the new law avoids imposing too many restrictions on projects in early stages of development, when their commercial viability is not clear. “Although they don’t impose unnecessary requirements for oil and gas, the new rules will ensure that any development, including shale gas exploration, will be subject to strict environmental standards,” said Roland Festa, director of the International Association of Oil & Gas Producers.

Also, association Shale Gas Europe, which brings together a number of large energy companies such as Chevron, Total and Cuadrilla Resources, also welcomed the new provisions. “Shale gas could play an important role in meeting Europe’s energy needs,” said the spokesman of Shale Gas Europe, Marcus Pepperell.

Instead, environmentalists lawmakers believe that the exclusion of shale gas from the new provisions represent a major setback and that the process of fracking presents a risk to health and to the environment. “Environmentalists believe that there is sufficient evidence to ban hydraulic fracturing,” said Sandrine Buick, a spokeswoman for European Ecologists.

European Parliament plenary vote comes after the compromise reached in December of last year, when negotiators agreed to exclude any references to shale gas. EU member states are expected to give their consent in the coming weeks after which the law will be approved.

Source

economica.net

 

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