MarketLine Blog

Posts tagged to Renewables

Fracking approval: In spite of public opinion

MarketLine

The decision to approve Third Energy’s application to begin exploratory drilling for shale gas outside of Kirby Misperton in North Yorkshire has been hailed as a landmark decision for the UK fracking industry. Many believe that it will open the door to a swathe of further approvals, while setting a precedent which could help rival firm Cuadrilla in their appeal against the decision not to allow them to frack up on the Fylde coast. However, industry chiefs would do well to keep their champagne on ice, as public opposition is… Read more

The America’s Region Continues to Dominate the Biofuels Market

  The global biofuels market grew at a strong rate in 2011. This is evidence that the market is continuing to play an increasingly important role in both helping countries to meet international green energy targets and providing a new source of energy to help dissipate the reliance on traditional fuels. Due to high biofuel production costs, the market is affected strongly by local government subsidies and can become unprofitable when a government reduces or pulls out from a biofuel subsidy program in any given country. The global biofuels industry… Read more