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Shale gas investments 'could be worth 4bn a year to UK economy'

2013-05-23 05:25:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Investments in shale gas drilling could yield an industry worth nearly 4bn a year to the UK economy and create more than 70,000 jobs, according to a new report from the Institute of Directors (IoD), becoming a "new North Sea" energy business in the process. That is higher than previous estimates, and includes a wide variety of jobs from those directly employed in the industry, such as geologists and drilling experts, but also cement manufacturers and people working in local retail and service...

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