Home Tax breaks fracking firms as UK goes 'all out for shale'
 

Keywords :   


Tax breaks fracking firms as UK goes 'all out for shale'

2014-01-12 17:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: British Prime Minister David Cameron on Monday promised tax breaks worth millions of pounds to local councils who encourage shale gas development, declaring the country was going "all out for shale". Cameron announced that local authorities in England will collect all of the tax collected from shale gas sites -â?? double the current 50 percent figure. The government calculates that this could be worth up to 1.7 million ($2.8 million, 2 million euros) a year for a typical site. "We're going...

Tags: for out tax firms

Category:Electronics and Electrical

Latest from this category

All news

»
16.11SRAM Level T
16.11 alone at home t XL
16.11S.H.Figuarts()
16.112
16.11QMSV XX Meilin 40cm
16.11LP
16.11The Study of COMME des GARCONS SWITCH
16.11
More »