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Fracking has conquered US. But here’s why it can’t happen in Britain

Guardian: By announcing in December that it would award shale drilling licences in 2014, the coalition government has made plain its enthusiasm for shale gas. This zeal stems from the belief that an increased domestic gas supply will drive down national prices, at once enhancing export competitiveness and addressing growing public concern over rising domestic energy bills. But this strategy is misguided: unlike in the United States, a shale gas revolution will not bring down prices in Britain. Proponents...