Energy Secretary Ed Davey confirmed again his backing for fracking by declaring “I love shale gas” today. The Lib Dem MP told the attendees: “The potential for shale gas is fantastic for our energy security… and the climate”.
Speaking at a reception for the all party parliamentary group for unconventional oil and gas which has formed in the last year, the minister described a “whole government effort” to exploit shale gas in the UK.
Although early stages for any industry, recent developments including Centrica buying a stake in a license for drilling have seen the excitement around shale gas grow apace.
The Lib Dem MP told the attendees: “The potential for shale gas is fantastic for our energy security… and the climate”.
He also focused on the economic benefits from exploiting the fossil fuel, quipping: “I think the Chancellor might also have noticed the tax revenues.”