Cameron Defends U.K. Shale Gas Push as Path to Cheaper Energy

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U.K. Prime Minister David Cameron said shale gas will bring down power bills for Britons, writing to defend his push to kick-start the industry in the country.

Cameron, whose Conservative party government has pledged to create the world’s most generous tax system for shale, wrote in the Daily Telegraph newspaper that the industry will also create jobs and bring money to local neighborhoods.