mercredi, novembre 28, 2012

Time to invest in european renewable energy?

Well that's what the Financial Times seems to mean in this article at least ;-). They mention that the EU has ever increasing energy bills and that the US through their shale gas has found cheap AND "green" source of energy.  I also leave here the link of the manifesto they based their article on, for reference. The US have been lucky to find so much resources but in order to exploit it went against the public opinion (well, the northern part of it at least). EU on the other hand massively vetoed the shale gas because of the frac issue (which, by the way, in Europe with all its laws, is almost irrelevant) and the nuclear lobby felt quite happy about the position. Will that change eventually? Time will tell.

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