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UK Mulls plan to pay Households affected by Fracking

2016-08-07 07:15:00| Climate Ark Climate Change & Global Warming Newsfeed

World Energy News: Britain is estimated to have substantial amounts of shale gas trapped in underground rocks yet fracking applications have struggled to find approval from local communities, concerned about noise and environmental impacts. Last year, then finance minister George Osborne said the government would create a shale wealth fund that would receive up to 10 percent of tax revenue from shale gas developments for investments in communities affected by the projects. May, who took over as prime minister last...

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Households could get fracking payments under government plans

2016-08-07 05:37:51| BBC News | Business | UK Edition

Residents affected by fracking could be paid a proportion of the proceeds of shale gas projects, instead of the money going to councils or local trusts, the government suggests.

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UK considers plan to pay households affected by fracking

2016-08-07 04:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Some tax proceeds from shale gas developments in Britain could be given directly to residents, Prime Minister Theresa May said on Sunday, in a bid to help clear the path for an industry hampered for years by local opposition to fracking. Britain is estimated to have substantial amounts of shale gas trapped in underground rocks yet fracking applications have struggled to find approval from local communities, concerned about noise and environmental impacts. Last year, then Chancellor of the Exchequer...

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Quantum Materials Corp developing nanomaterials for tracing fracking fluids to point of origin

2016-08-03 16:55:58| Green Car Congress

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A Former Governor Admitted He Put Economics Ahead of Safety When Approving Fracking Projects

2016-07-31 07:25:00| Climate Ark Climate Change & Global Warming Newsfeed

Nation of Change: Former Pennsylvania Governor Ed Rendell, who presided over the states fracking boom of the mid-2000s, admitted the states fracking regulations favored economics over environmental safety during much of his tenure. I made a mistake in the rush to get the economic part of fracking delivered to Pennsylvania, said Rendell during an event at the Democrat National Convention Wednesday, State Impact reported. We didnt regulate well construction and.frack water as well as we should. We cured that...

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