Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-21-Speech-3-268-500"

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"en.20121121.20.3-268-500"2
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"Bearing in mind the rising price of oil and the need to reduce greenhouse gas emissions, recourse to renewable energies and other sources of unconventional energies is becoming inevitable. Given that conventional gas production is in decline and that this fact will make the EU even more dependent on energy imported from third countries, it is becoming vital to consider the extraction of unconventional gas and oil, particularly shale gas and oil. Diversifying our energy sources will ensure greater security in terms of supply and reduce energy prices. Certain EU Member States are already committed to exploration and extraction, given that the EU has around 14 thousand billion cubic metres that might be technically recoverable. However, advanced methods of shale gas extraction may be environmentally harmful, particularly hydraulic fracking. I therefore voted in favour of the report, given that it urges the Commission to strengthen standards on the responsibilities of transnational corporations, particularly hydrocarbon extraction companies, with regard to social and environmental rights and possible means of implementation."@en1

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