The Spanish parliament is set to enact a regional ban on the method of natural gas extraction known as “hydraulic fracturing” or “fracking,” over environmental concerns.
According to Bloomberg, the ban will be enacted in the gas-rich northern Cantabria region, which has the potential to yield an estimated $100 million in exploration projects. Ultimately, though, the Spanish lawmakers determined that the environmental risks weren’t worth it.
Fracking involves pumping millions of gallons ...
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