Environmentally friendly investors with $1 trillion in assets like what they see in the International Energy Agency's "Golden Rules for a Golden Age of Gas" in a report released on Tuesday.
The report, part of the World Energy Outlook series, outlines a number of recommendationson drilling that the investors' group had outlined earlier.
On May 16, Boston Common Asset Management, the Investor Environmental Health Network and the Interfaith Center on Corporate Responsibility announced that 55 major investment organizations and institutional investors had united in support ofadopting best available practices for the hydraulic fracturing or fracking of shale gas.
The group says it is pushing action from the industry due to the increasing level of uncertainty about fracking.
The proposed guidelines are available at www.iehn.org/documents/frackingguidance.pdf.