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UK to miss out on shale gas revolution says IEA economist

Posted on 03 February 2014

Shale gas will not herald an energy revolution in the UK in the same way it has in the US, according to chief economist and director of global energy economics at the International Energy Agency (IEA).
In remarks that may temper the enthusiasm of shale gas supporters, Fatih Birol told the Daily Telegraph: “The UK has significant shale gas resources but people shouldn’t expect a US scale energy revolution in the UK. The economics are not as favourable as in the US.”……………………………………….Full Article: Source


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