Saturday 12 October 2013

More on Fracking

France’s constitutional council rejected on Friday a challenge to a law banning hydraulic fracturing for exploration and production of the country’s shale gas and oil.
The ruling is a boost for President Francois Hollande, who has opposed the technology alongside ecologist Greens in his ruling coalition - to the dismay of some allies who believe France is sacrificing access to a cheap source of energy.
U.S-based firm Schuepbach Energy had challenged on four counts a ban introduced in 2011 due to potential risks to the environment, which led to two of its exploration permits being cancelled in southern France.
“The constitutional council threw out these four complaints and ruled that the disputed components of the July 13, 2011 law comply with the constitution,” the court said in a statement.
The Constitutional Council, made up of judges and former French presidents, has the power to annul laws if they are deemed to be unconstitutional.
The International Energy Agency has named France as a European country with some of the most plentiful underground reserves of shale gas.
However “fracking” was banned in France under former President Nicolas Sarkozy on concerns it could pollute groundwater and trigger earthquakes, bringing to a halt the nascent shale oil and gas industry in France.
News24
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