- 27 updates
In a written statement released before his House of Commons appearance, the Energy Secretary told MPs that any commercial extraction of shale gas was years away:
The environmental campaign group Greenpeace has warned that shale gas will not lower energy bills in the UK, as it has in the US:
The Government is to implement a traffic light system to gauge the risks of seismic activity resulting from fracking.
The system will require operators to stop if seismic activity reaches magnitude 0.5, which could not be felt at the surface but is higher than normal.
Cuadrilla Resources suspended its fracking activities at four sites near Blackpool, Lancashire following two minor tremors in April and May 2011.
The Liberal Democrat MP Tessa Munt has warned that giving the green light to fracking in the UK will lead to a "commercial stampede" and will sap investment from renewable energy sources:
The Tory MP Michael Fabricant has made light of fears surrounding fracking in the UK following today's announcement to allow the controversial practice go ahead:
Ed Davey has today commissioned another report on fracking - this time to gauge the risks of increased methane emissions.
“Emissions of methane - which is a potent greenhouse gas - are already subject to control, but I am today commissioning a study of the possible impacts of shale gas development on greenhouse gas emissions and climate change," he said.
Energy Secretary Ed Davey said that the regime regulating fracking in the UK is to be "strengthened" in the following ways:
- Before drilling starts, there must be a review to assess seismic risk and the existence of faults.
- A fracking plan must be submitted to DECC showing how seismic risks will be addressed
- Seismic monitoring must be carried out before, during and after frackin
Speaking to reporters in Blackburn, Lancashire, the Energy Secretary said:
Fracking will be allowed to resume in the UK but under new controls, the Government has announced.
Energy Secretary Ed Davey said fracking will resume under strict regulatory measures "is likely to develop slowly". He said: "Fracking must be safe and the public must be reassured it is safe".
He added that although shale gas exploration remains in its early stages, it offers a promising new energy resource that could help the move towards a low carbon economy and away from our reliance on gas from abroad.
Shale gas can be found through seismic surveys in rock below the ground.
But the process has attracted strong opposition in the UK as campaigners say the drilling causes earthquakes and the chemicals that are used can pollute the water supply.
The Energy Secretary Ed Davey is currently briefing the media on the Government's decision whether to allow fracking to resume in the UK.
Latest ITV News reports
Despite environmental concerns the Government have given the green light for fracking to resume across the UK.
Fracking has cut fuel bills in half in some states in the US, so could the same thing happen here? I got my calculator out.