PwC: Shale oil surge poses threat to renewables

Will Nichols
clock

Green groups warn against huge shale oil risks as report finds it could comprise 12 per cent of oil production in 2035

A worldwide expansion of relatively cheap shale oil could put investment in renewable energy and global emissions targets under threat, as well as posing other environmental risks. The shale oil industry...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Getting the heat transition right can deliver better homes, skilled jobs and growth

Getting the heat transition right can deliver better homes, skilled jobs and growth

The transition to clean heat will not be delivered in Whitehall alone, but in factories, training centres, supply chains and, ultimately, in people’s homes, writes Vaillant UK's Henrik Juhl Hansen

Henrik Juhl Hansen, Vaillant UK
clock 06 August 2026 • 5 min read
'We've easily got enough resources': Could Cornwall hold the key to Britain's energy and critical mineral security?

'We've easily got enough resources': Could Cornwall hold the key to Britain's energy and critical mineral security?

The UK's first geothermal energy plant began exporting power earlier this year and is also producing lithium for the battery industry - is Cornwall poised to rise once again as an industrial powerhouse of the clean tech revolution?

Michael Holder
clock 05 August 2026 • 11 min read
Drax completes 'transformational' £548m acquisition of Bluefield Solar

Drax completes 'transformational' £548m acquisition of Bluefield Solar

Energy giant secures multi-gigawatt pipeline of new solar and wind projects, as it looks to further diversify its clean energy portfolio

James Murray
clock 31 July 2026 • 2 min read