Spain Rolls Out Red Carpet For Fracking Developers

Law360, New York (December 12, 2013, 7:06 PM EST) -- The Spanish government this week made changes to its environmental rules, speeding up the project review process and specifically addressing shale drilling for the first time, which experts say will lead to a flurry of hydraulic fracturing activity in a country developers have previously been hesitant to explore.

After revising its energy exploration law two months ago to include fracking and ensure that projects follow environmental impact rules, Spain took an important step further by limiting the environmental review process for all projects to six months....
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