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- W305311834 abstract "Introduction.Shale gas is an unconventional form of gas1 because its extraction is more difficult orless economical than that of conventional natural gas. It has become an importantitem of energy policy during the last years since new processes have allowed itsextraction. In the medium term, shale gas should foster a reinforcement of the gaspart in the world’s energy mix. In 2011, the IEA released an influential report entitled“Are we entering a golden age of gas?” This report suggests that shale gas could helpsubstantially boost global gas use.2 It also warns at the same time that this successcould bring into question the international goal of limiting the long-term increase inthe global temperature to 2° C above pre-industrial levels.In the world economy, the impact of shale gas is increasing rapidly (especially in theUSA, albeit apparently not as significantly as expected3). In the EU, its perspectivesremain uncertain, for many reasons. Estimates are not reliable. Shale gas exploitationremains a controversial issue due to geology, lack of infrastructure and also fearsfor the environment and public health. The EU institutions seem to have a favorableattitude towards shale gas development while the Member States’ attitude seems tovary from enthusiasm to hesitation or opposition. Public opinion on the issueappears quite divided everywhere.This brief paper will examine various estimations of potential resources in the EU(§ 1), the potential costs and benefits (§ 2), the initiatives taken by the EU institutions(§ 3) and the national authorities (§ 4), and finally the emerging EU framework (§ 5).The conclusion is, rather surprisingly, that whatever happens on this front, this willnot modify the present structural challenges of the EU in the domains of climate andenergy.4" @default.
- W305311834 created "2016-06-24" @default.
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- W305311834 date "2014-03-01" @default.
- W305311834 modified "2023-09-27" @default.
- W305311834 title "Shale gas in Europe: much ado about little? Egmont Paper No. 64, March 2014" @default.
- W305311834 hasPublicationYear "2014" @default.
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