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EU slated for cynical 113m shale gas subsidy

2014-06-13 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

EurActiv: Environmentalists have bitterly condemned a new EU research fund which invites shale gas firms to apply for EUR113m (90m) of subsidies, under a programme designed to encourage competitive low carbon energy. The Horizon 2020 research fund, which runs from 2014-2020, is intended to help identify potential environmental impacts and risks from shale gas exploitation by using satellite observation, developing models and establishing scientific recommendations for best practices. But the monies...

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