Britain’s government has no plans to review regulations for fracking gas in the country, it said on Thursday, following calls from industry to revisit the rules. Chemical giant Ineos and fracking firm Cuadrilla earlier this week said current restrictions around seismic events at fracking sites could force the industry to close. Under the so-called traffic light system fracking must be paused for 18 hours following any seismic event of magnitude 0.5 or above, something which forced Cuadrilla to halt its operations several times last year. “We set these regulations in consultation with industry and we have no plans to review them,” a spokesman for the Department for Business, Energy and Industrial Strategy said in an email. The government however, said it still believes shale gas could be an […]