Centrica shale deal sparks green debate

June 14, 2013 at 7:08 AM

LONDON, June 14 (UPI) -- The excitement over British shale natural gas potential isn't compatible with efforts needed to address climate change, the World Wide Fund for Nature said.

British energy company Centrica announced Thursday it acquired a 25 percent stake in the Bowland shale natural gas exploration area in Lancashire from Cuadrilla Resources.

Centrica said it was important to look inland for more energy reserves because of declining production from the North Sea. British consumers may find relief from shale gas if it can offset a growing dependence on imports, the company said.

Jenny Banks, a climate specialist with WWF-UK, said Centrica's deal was a step in the wrong direction.

"Centrica doesn't mention the main problem with shale, namely that chasing after yet more fossil fuels is completely incompatible with efforts to keep below 3.6 degrees Fahrenheit of global warming," she said in a statement Thursday.

WWF points to statements from Centrica this year suggesting there may be environmental issues associated with shale natural gas development.

Centrica Chief Executive Officer Sam Laidlaw told Greenpeace last year renewable energy is expensive. If 80 percent of British households switched from natural gas to wind, he said, consumer bills would increase more than 200 percent.

The British government enacted safety regulations for shale development last year in response to minor tremors associated with Cuadrilla's operations.

Related UPI Stories
Latest Headlines
Trending Stories
House Majority Leader Kevin McCarthy drops bid for speaker
WikiLeaks offering $50K for video of Afghan hospital bombing
Murdoch sorry for implying Obama's not a 'real black president'
Reid sues exercise companies over eye injury
Lumber Liquidators to pay $10M in DOJ settlement