“There is no need for more environmental legislation in the case of shale gas exploration, at least until it reaches commercial scale, says a new study published by the European Commission.”   (Source: EurActiv)

Contrary to developments in the US, where more calls for stricter regulation of shale gas exploration and production are emerging as public opposition grows, this study by a Belgian law company for the EU Commission thinks existing laws at EU level are already sufficient. This new report contradicts a study undertaken last year for the European Parliament which concluded there is a need for a specific Shale Gas Directive.

Next to regulatory concerns about shale gas in Europe, there are also huge controversies over its impact on climate change, doubts about the estimated reserves of shale gas and serious questions around its economics and profitability.