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

BloombergNEF: Energy security now 'driving force' behind accelerating clean energy boom

BloombergNEF: Energy security now 'driving force' behind accelerating clean energy boom

Global adoption of clean technologies is gathering pace, paving the way for a significant reduction in fossil fuel reliance

Michael Holder
clock 19 May 2026 • 5 min read
Energy bills forecast to rise by over £200 from July

Energy bills forecast to rise by over £200 from July

Cornwall Insight predicts average annual domestic energy bills set to rise by around 13 per cent, as Iran War continues to fuel high oil and gas prices

James Murray
clock 19 May 2026 • 4 min read
How can companies best navigate the era of energy market volatility?

How can companies best navigate the era of energy market volatility?

BusinessGreen's latest webinar explored how businesses are responding to rising costs, constant policy shifts, and evolving Scope 2 reporting requirements by developing more flexible and sophisticated energy sourcing strategies

Stuart Stone
clock 13 May 2026 • 10 min read