Photo credit: bryanburke/flickr. Creative Commons 2.0 license . Three things you shouldn’t miss this week Cost savings fear if greenhouse gas targets are scaled back – Watering down the UK’s efforts to tackle global warming would risk wiping out at least £100bn in cost savings even if shale gas production takes off. New shale gas drilling areas to be revealed as communities promised £100,000 benefits for fracking – Large swathes of UK to be opened up for shale drilling, with communities where fracking takes place to receive £100,000, even if no gas is produced. IEA projection of global all-liquids production to 2035. The ‘New Policies’ scenario takes into account policy commitments and plans that have already been implemented, as well as those that have been announced. Source: IEA 2012 World Energy Outlook. Paris, France: International Energy Agency. Weakening the UK’s Fourth Carbon Budget has no legal […]