Austrian E-Control Supports Shale Gas Exploitation

More+Comment ♦ Published: June 13, 2012; 14:34 ♦ (Vindobona)

Walter Boltz, CEO of the Austrian energy market regulator, thinks that Europe would benefit from the shale gas exploitation.

Austrian E-Control Supports Shale Gas Exploitation / Picture: © Vindobona.org

According to Boltz, the U.S. would benefit massively from the shale gas boom. It would be unwise to exclude the exploitation in Europe, Boltz says. „The U.S. achieve their climate goals. And in Europe, we invest in expensive renewable energy.“ Boltz says. Last year, the U.S. reduced their greenhouse gas emissions by 2.0%, Boltz argues.

According to E-Control´s CEO, the price…