Shale Bonanza For Germany? Berlin Wants To Fast-Track Fracking
Germany’s governing coalition wants to quickly put an end to a virtual moratorium on the controversial shale gas extraction method of fracking in the country, SPIEGEL has learned. Officials want to have plans finished before the federal election this autumn.
Shale basins in Germany
The German government is planning to accelerate an end to a virtual moratorium on the controversial natural gas extraction method called fracking, SPIEGEL has learned.
Parliamentarians from Angela Merkel’s governing center-right coalition of the conservative Christian Democratic Union, their Bavarian sister party the Christian Social Union, and the pro-business Free Democrats (FDP) want to jumpstart the extraction of shale gas deposits in the country. As such, they have agreed on key measures for tapping virgin deposits ahead of this year’s federal election in the fall.
Such measures would effectively end what has widely been seen as a hold on hydraulic fracturing, or fracking — the controversial extraction method in which pressurized fluid is forced into rock layers to release natural gas and other valuable substances — due to safety worries and public concern.
“We can’t afford an ideological ban, because fracking can be part of supplying energy,” Michael Kauch, environmental spokesperson for the FDP in Germany’s parliament, the Bundestag, told SPIEGEL.