Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
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Shale gas for wealth and job creation

In the United States and Canada where shale gas is produced, this industry impacts gas prices but also yields substantial employment. According to IHS Global Insight, a consultancy, the development of shale gas created some 600,000 jobs for a total investment of 33 billion dollars in 2010. Before the ban on extraction was decided by the French government in July 2012, Total planned a global investment of 2.3 billion dollars.

As observed by Lucas Léger in an oped published on 6 November, this investment will now likely benefit the growth of the North-American shale gas industry. Read the article (French).

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