Industry urging governments and business to reject renewables in favour of ‘green’ shale gas
Fiona Harvey, environment correspondent, Wednesday 20 April 2011 17.24 BST
Pipes at a natural gas drilling site near Montrose, Pennsylvania. Photograph: Daniel Acker/Getty Images
Senior executives in the fossil fuel industry have launched an all-out assault on renewable energy, lobbying governments and business groups to reject wind and solar power in favour of gas, in a move that could choke the fledgling green energy industry.
Multinational companies including Shell, GDF Suez and Statoil are promoting gas as an alternative “green” fuel. These companies are among dozens around the world investing in new technologies to exploit shale gas, a controversial form of the fuel that has rejuvenated the gas industry because it is plentiful in supply and newly accessible due to technical advances in gas extraction known as “fracking”. read more
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