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Britain’s Great Shale Rush
Saturday, February 16, 2013 7:51
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A shale oil revolution could add up to £800 to each person’s economic output in the UK, according to a report from accountants PwC. The boost would be due to significantly lower oil prices as the world taps into the energy held in shale rock, cutting costs faced by businesses and consumers, it said. As a result, UK gross domestic product (GDP) could increase by an extra 2pc to 3.3pc by 2035, it estimated, or around £30bn to £50bn at today’s values. –Emma Rowley, The Daily Telegraph, 14 February 2013
2013-02-16 05:51:57
Source: http://climatechangedispatch.com/home/10998-britains-great-shale-rush
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