Going slow on shale

A shale gas boom is upon us, but unless Europe's lead on safety is followed, environmental concerns could quickly cause a bust.

The European Union lags the United States in developing shale gas but leads it on safety – a cautious approach that may pay off in averting the sort of environmental backlash that's scuppered the best laid energy plans in the past.

This approach ultimately could lead to greater production of European shale gas than otherwise, if it stops countries from joining France and Bulgaria in banning exploration.

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