UK’s Cameron to EU: Don’t stifle fracking with new laws

Posted by Washington Post: Juliet Eilperin on December 17th, 2013
Reuters: British Prime Minister David Cameron has warned the European Commission not to propose European Union-wide legislation to regulate the nascent fracking industry, saying such a move could create uncertainty and stifle investment. Rising energy bills are a big issue ahead of a 2015 election and Cameron is keen to tap Britain's large resources of shale gas to shore up the country's energy security as its North Sea oil reserves decline. In a letter to European Commission President Jose Manuel Barroso......

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