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German doubts about fracking could prove costly

Mon, 02/18/2013 - 8:25am
Reuters

BERLIN (Reuters) - Opposition from Germany's powerful environmental lobby is dimming prospects for shale gas and sparking fears that major industries in Europe's largest economy will lose out to U.S. rivals tapping cheaper energy.

Those fears are piling pressure on German Chancellor Angela Merkel from both sides of the debate ahead of an election in September.

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