UK Lift Of Fracking Moratorium Brings Positive Reaction
February 12, 2013, 7:10 PM EST
Law360, New York (February 12, 2013, 7:10 PM EST) -- The British government has announced that it is lifting its ban on hydraulic fracturing to extract natural gas from shale deposits. On Dec. 13, 2012, Edward Davey, secretary of the U.K. Department of Energy and Climate Change, announced that exploration for shale gas using fracking can resume, subject to new controls, to prevent seismic risks.
The British government imposed the fracking moratorium in November 2011 while it investigated the events surrounding minor seismic activity (two earthquakes with magnitudes of 2.3 and 1.5) that occurred in May...