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Fracking

Energy and Climate Change written question – answered on 11th September 2013.

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Photo of Henry Smith Henry Smith Conservative, Crawley

To ask the Secretary of State for Energy and Climate Change what steps he is taking to ensure that homes near shale gas extraction sites will not be subject to increased household insurance premiums.

Photo of Michael Fallon Michael Fallon The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change

On the basis of the information available to Government, there is no reason to expect that exploration activities will have any adverse effect on the insurance premiums of the properties located within the vicinity of exploration activities.

There has been no evidence of any such effect in the UK to date, in over half a century of oil and gas exploration and production. Gas and oil produced from shale rock through hydraulic fracturing should be broadly similar to the existing gas and oil production in terms of the impacts on health, local amenity, traffic movements and so on. The activities will be subject to the same robust safety and environmental regime, supplemented by new controls against the risk of earthquakes.

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