A response to Chris Huhne on fracking

Chris Huhne, former Energy and Climate Change Secretary and member of ALDES, recently wrote this critique of fracking in the Guardian.

Personally, I don’t like the abrasive and sarcastic tone of it but he makes some very valid points nonetheless. In particular he points out that the USA is disconnected from the world’s gas market allowing a local surplus to cause gas prices (and coal prices) to drop in the USA. The UK, in contrast, is very connected indeed and even if we did produce masses of Shale Gas at reasonable cost it will not be enough to depress gas prices all over Europe and beyond.

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