A new anti fracking petition

[astral276]

Hooray!

http://www.bbc.co.uk/news/uk-england...shire-33313084

I doubt that will be the end of it, there is too much money involved. Such firms don't give in that easily. Expect the local authority to be overruled or a law change.


Refreshing to see a planning committee that appears that it cannot be bought, though.

[olivia8143]

I doubt that will be the end of it, there is too much money involved. Such firms don't give in that easily. Expect the local authority to be overruled or a law change.


Refreshing to see a planning committee that appears that it cannot be bought, though.

Yes you're right, that's why there's a new petition to David Cameron already

Please ask David Cameron to respect local democracy and Lancashire’s decision.

[olivia8143]

If you can't access the petition through the link provided above (I get blocked by Bluhell whoever they are) you might like to try this way
https://www.foe.co.uk/act/ask-david-...q_v=e383276849

[westlondoncarparts]

In response to the gas price spikes of a few years ago, increasing international supplies of gas in Europe are likely to put a cap on potential revenues from fracking for gas and cast doubt upon potential profitability of fracking operations.

Russia is to build a gas pipeline through Turkey into Greece.

http://news.yahoo.com/russia-greece-...104935019.html

Russia is also to build a further pipeline to Germany through the Baltic Sea
http://www.dw.com/en/gazprom-inks-pl...any/a-18525292

Whilst these two pipelines are intended in part to enable Russia to cease the transmission of gas through Ukraine, the two new pipelines will enable significantly higher volumes of gas to be exported from Russia to the EU.

A gas pipe is being built from Azerbaijan into Turkey.

https://en.wikipedia.org/wiki/Trans-...n_gas_pipeline

A gas pipeline is being built from Nigeria across the Sahara and the Mediterranean to supply Europe
http://core.theenergyexchange.co.uk/...sh_Version.pdf

The imminent lifting of nuclear development related sanctions against Iran will mean that Iran can start shipping liquid gas through the Suez Canal to Europe. Iran has the second largest gas reserves in the world.

Meanwhile, the wildcard in the gas supplies pack is the American Senator John McCain. His Cold War addiction has him constantly interfering in European affairs and baiting President Putin. The USA is intending to supply Europe with gas from fracking although weak gas prices mean that much of the American fracking sector is unprofitable and it is difficult to see how profits could be earned fracking and exporting American gas to Europe.
http://www.mccain.senate.gov/public/...peline-project

This old article in The Telegraph hits the nail on the head. It is important to keep opposing fracking proposals but I suspect ultimately it will be the market that gives fracking the kiss of death in the UK. It simply will not be profitable enough unless there is a sustained significant hike in gas prices.
http://www.telegraph.co.uk/finance/p...our-times.html