The latest data from the US Energy Information Administration (EIA) show that exports of shale oil from the US are destined for France and other European countries that have banned fracking, points out shale gas expert Nick Grealy. This is hypocritical, notes Grealy. If fracking is really that bad, why don’t the Europeans care when it’s done in Texas or North Dakota? … [Read more...]
The hypocrisy of French shale gas policy: France bans, imports and profits from shale
France has issued a radical ban on the exploitation of shale gas. Yet French companies ENGIE, in which the State has a large share, and EDF, which is 75% state-owned, will soon import and handsomely profit from shale gas imported from the United States, notes UK-based shale gas expert Nick Grealy. This is like banning sweatshops but importing cheap clothes made by child labour, says Grealy. … [Read more...]
There’s only one roadblock to European shale gas: NIMBY
We have seen a spate of think tank publications and opinion pieces doubting the economic and geological potential of shale gas in Europe. According to Nick Grealy, these are all based on outdated statistics and overly conservative assumptions. The US example shows shale gas resources are much larger than the sceptics claim. There is really only one obstacle to exploiting Europe’s shale gas potential: we don’t want it in our backyard. But then do … [Read more...]
Today’s Prize: How to save the Energiewende with European Shale Gas
A new report from the international consultancy IHS shows that the German Energiewende could still be achieved at reasonable cost if Germany were to allow domestic shale gas production. According to Nick Grealy, the IHS report offers, perhaps for the first time, a realistic, achievable strategy to make the energy transition work. … [Read more...]
European shale gas: miracle or mirage?
Nick Grealy, energy consultant and proponent of shale gas, reflects on the battle for public perception of shale gas. A key problem, he says, is the speed of the change that has taken place. It has surprised many people. In fact, many people still fool themselves into thinking it can’t happen in Europe” . But according to Grealy, a European shale gas revolution is inevitable. Photo: drilling rig in Marcellus play in US (by wcn247) … [Read more...]
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