Hydraulic Fracturing May Have Dim Future in Quebec

The Financial Post reported that Martine Ouellet, Quebec’s new natural resources minister, believes there is no way that hydraulic fracturing (fracking) can be done safely, a possible indication that the province’s new government will effect a long-term ban on the expansion of the shale gas industry.

As quoted in the market news:

She made her remarks on her way into her first cabinet meeting, on her first full day as a cabinet minister in the new Parti Quebecois government.

Ouellet says she supports a broad moratorium on both the exploration and exploitation of shale gas.

Quebec halted shale-gas exploration in its fledgling industry last year to conduct more studies on the ecological risks.

Click here to read the full Financial Post report.