France Vote Outlaws ‘Fracking’ Shale for Natural Gas, Oil Extraction

From Bloomberg - By Tara Patel - Jul 1, 2011 6:22 AM ET

French senators voted to outlaw hydraulic fracturing, or fracking, making France the first country to pass a law banning the technique for extracting natural gas and oil.

“We are at the end of a legislative marathon that stirred emotion from lawmakers and the public,” French Environment Minister Nathalie Kosciusko-Morizet said late yesterday before the vote. Hydraulic fracturing will be illegal and parliament would have to vote for a new law to allow research using the technique, she said.

Energy companies that plan to use fracking to produce oil and gas in France will have their permits revoked and its use could lead to fines and prison, according to the law passed by a vote of 176 in favor, 151 against by the senators in Paris.

Full Article Here: http://www.bloomberg.com/news/2011-07-01/france-vote-outlaws-fracking-shale-for-natural-gas-oil-extraction.html