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Polish shale industry collapsing as number of licenses nearly halves

2015-10-09 17:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Polands shale gas industry appears to be collapsing, just four years after the US government predicted that its reserves were abundant enough to fuel the country for the next three centuries. Concessions for exploratory shale drilling have nearly halved in the last year from 58 to just 32, according to a new Polish government manifest published to little fanfare on the environment ministrys website this week. With rockbottom oil prices continuing to erode global fracking hopes, Chevron and...

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