As well as raising hopes about the UK’s future energy independence, the Government’s decision to allow “fracking” in the North West of England to recommence has fostered optimism that the UK economy will be boosted by a new “dash for gas” similar to that seen in the 1990s. A clear-headed look at the figures, though, suggests that the development of the shale gas industry is unlikely to boost the prospects for GDP growth in the near-term by much.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services