EU's Fracking Future Remains Uncertain After Guidance

Law360, New York (February 12, 2014, 1:59 PM EST) -- On Jan. 22, 2014, the European Commission issued a communication relating to the opportunities and challenges of using hydraulic fracturing and adopted a recommendation on the “minimum principles for the exploration and production of hydrocarbons, such as shale gas, using high-volume hydraulic fracturing.”

According to the EU, these documents “should help all [m]ember [s]tates [of the EU] wishing to use … [hydraulic fracturing to] address health and environmental risks and improve transparency for citizens.” Ultimately these directives will be part of the EC's wider initiative for...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.