European Parliament Calls for Shale Regulation, Rejects Ban

Law360, New York (November 21, 2012, 6:56 PM EST) -- The European Parliament on Wednesday approved a pair of resolutions calling on its member states to establish robust rules on shale oil and gas extraction, but stopped short of approving a ban on the practice that some members had sought.

An Energy Committee resolution, adopted 492-129, determined that each member state has the right to decide whether it would exploit shale gas, but emphasized that a “robust regulatory regime” is needed for all shale activities, including controversial hydraulic fracturing. In addition, an Environmental Committee resolution calling...
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