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Cameron’s Bid to Tap Shale Boom Founders Amid Fracking Bans

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The drive by U.K. Prime Minister David Cameron and Chancellor of the Exchequer George Osborne to spur a shale-gas revolution is foundering before it’s even started.

In the past three weeks, Scotland and Wales temporarily banned hydraulic fracturing until they study new environmental safeguards. While the U.K. Parliament rejected a similar moratorium, the government accepted calls by opposition lawmakers to ban fracking in national parks and beauty spots.