In a brilliant confirmation of logical and intelligent jurisprudence, France’s highest court ruled against a US firm seeking damages as a result of money that it lost after France imposed a ban on shale gas mining.
I hope that those who would frack South Africa will find it a very very costly exercise in cash and reputation. They are in for a fight that will make the e-toll debacle look like a picnic.
French court rejects challenge to hydro-fracking law
PARIS | Fri Oct 11, 2013 1:31pm IST
Oct 11 (Reuters) – France’s constitutional council rejected on Friday a challenge to a law banning hydraulic fracturing for exploration and production of shale gas and oil.
The ruling is a victory for President Francois Hollande’s ruling coalition, which has opposed the technology.
U.S-based firm Schuepbach Energy had challenged on four counts a ban introduced in 2011 due to potential risks to the environment, which led to two of its exploration permits being cancelled in southern France.
“The constitutional council threw out these four complaints and ruled that the disputed components of the July 13, 2011 law comply with the constitution,” the court said in a statement. (Reporting by Emile Picy; Editing by Muriel Boselli and Mark John)