Bulgaria Officially Bans Hydraulic Fracturing for Natural Gas

January 19, 2012 by  
Filed under Business, Eco, Green

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The country of Bulgaria just thwarted Chevron and took a big step forward for the environment by banning hydraulic fracturing (or fracking) for natural gas, making it the second European nation to do so — France is the other . Lawmakers in the Bulgarian parliament voted 166-6 to ban fracking and placed a $65 million fine for any company found to break the ban. Chevron corporation is outraged at the decision in light of their recent plan to explore possibilities of fracking in the Bulgarian Balkans in order to extract the 300 billion to 1 trillion cubic meters of shale gas estimated to be locked under the mountain range. Read the rest of Bulgaria Officially Bans Hydraulic Fracturing for Natural Gas Permalink | Add to del.icio.us | digg Post tags: banned , bulgaria fracking , chevron fracking , european fracking ban , fracking , fracking ban , fracking opposition , fracturing , france fracking , hydraulic fracturing , hydraulic fracturing for natural gas , method for natural gas extraction , natural gas , natural gas extraction , what is fracking

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Bulgaria Officially Bans Hydraulic Fracturing for Natural Gas

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