The Telegraph: Fracking: EU red tape threat to energy boom

Britain’s fracking industry is being held back by environmental regulations drawn up in Brussels, a senior committee of the House of Lords is expected to say this week.

In a major report, the Lords are expected to call for permits to be granted more quickly to drilling companies to allow them to test the potential of newly drilled shale gas wells.

Government experts believe that Britain’s shale gas and oil reserves, buried deep underground, could generate billions of pounds worth of fuel in future.

Ministers hope that exploiting the shale gas and oil reserves, through the controversial process of fracking, could help secure a home-grown energy supply and reduce household gas and electricity bills in future.
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