Fracking could bring UK 50,000 jobs, says Browne
Continuing with my energy theme this article sets out the potential of “fracking” as a new source of energy. I seem to remember reporting that this was a risky business after it almost genuinely made the Blackpool Tower wobble!
Still the article goes on to explain:
“Lord Browne, the former BP chief executive, said Lancashire has the potential to be the capital of Europe’s emerging shale gas industry, in a scenario he predicted could help to create as many as 50,000 jobs across the UK.
Now a director of the shale gas “fracking” company Cuadrilla, Lord Browne said Lancashire had the potential to do for the fledgling hydrocarbon industry what Aberdeen has done for the oil sector. Technically known as hydraulic fracturing, fracking is the process used to dislodge natural gas from shale by blasting a mixture of sand, water and chemicals into the rock.”
Worth watching closely as a potential source of employment and new energy generation in rural England.