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US shale gas boom "unlikely" to be repeated in UK, warn MPs

2013-04-26 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: MPs will today highlight the role domestic shale gas could play in boosting tax revenue and enhancing energy security, but will also warn that its effect on energy prices remains far less certain. A report to be published today by the Energy and Climate Change Committee will warn a repeat of the dramatic fall in domestic gas prices seen in the US as a result of a shale gas boom is "unlikely" to be replicated in the UK due to "differences in geology, public attitudes, regulations and technological...

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