Ineos says Scottish government’s moratorium on granting fracking licences could prevent shale gas industry developing in Scotland
Scotland’s largest petrochemical plant is unlikely to have a long-term future unless a local shale gas industry can be developed, according to the firm that owns the facility at Grangemouth.
Ineos proposes using shale gas as a raw material for its chemicals plants, and has revealed plans to put millions into exploration.
Related: Oil prices likely to stay at $60 a barrel for two years
In the end, if the public decides that it wants to be cold and green, fine