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United Kingdom: After bribes for wind farms communities are offered money for fracking

2013-03-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: George Osborne, the Chancellor, announced a number of incentives to encourage companies to start hydraulic fracturing -- or 'fracking' -- to extract the valuable fossil fuel. He said companies will receive tax breaks on the profits from shale gas fields, especially at the beginning to encourage them to drill. He also said communities should receive 'benefits' to encourage them to allow planning, but failed to say if the money will come from the company profits or the Government. "Shale gas...

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