Wednesday, May 11, 2011

French Lean Toward Ban . . .

From an article Prof. O'Donnell pointed us toward, it looks as though France may well ban fracking.

http://www.nytimes.com/2011/05/11/business/energy-environment/11shale.html?_r=1&emc=tnt&tntemail1=y

The French cite security concerns, but on top of that there's the fact that the French are known for a general antipathy toward fossil fuels. The proposed ban would not stop the French from importing oil or natural gas recovered by fracking, but would only ban fracking in France itself, which has an unknown amount of frackable oil, perhaps as much as 10 billion recoverable barrels.