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UK announces huge tax breaks for fracking firms

2013-07-19 01:00:00| Hydrocarbons Technology

The UK Chancellor of the Exchequer George Osborne has announced an unprecedented tax break for the fracking industry in an effort to increase Britain's energy security.

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Ohio lawmakers who oppose fracking tax have gotten lots of money from frackers

2013-07-19 00:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Oil and gas companies have been on a fracking spree in Ohio for a couple of years now, but they`re not bringing many jobs to the state, so Republican Gov. John Kasich has been trying to get them to give back in another way: via a fracking tax. Under Kasich`s proposal, revenue from the fracking tax would be used to reduce income taxes, an idea that proved overwhelmingly popular with voters, including many Republicans. And the tax would be in line with those imposed by most other oil- and gas-producing...

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United Kingdom: Fracking companies should not get tax breaks, says No 10 adviser

2013-07-18 21:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Shale gas fracking companies should not be granted tax breaks, a leading Downing Street adviser has said, because their operations are likely to be profitable without such incentives even as the government prepared to offer developers a new "pad allowance" for the wells they drill, to encourage more of the controversial exploration. Peter Lilley, the climate sceptic Tory MP who is an adviser on foreign policy in No 10, said in a debate on shale gas in Westminster Hall on Thursday afternoon:...

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Treatment Plants Accused of Illegally Disposing Radioactive Fracking Wastewater

2013-07-18 20:47:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: A Pennsylvania industrial wastewater treatment plant has been illegally accepting oil and gas wastewater and polluting the Allegheny river with radioactive waste and other pollutants, according Clean Water Action, which announced today that it is suing the plant. Waste Treatment Corporation has been illegally discharging oil and gas wastewater since at least 2003, and continues to discharge such wastewater without authorization under the Clean Water Act and the Clean Streams Law, the notice...

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Follow our coverage of a meeting about 'fracking' in Ottawa County

2013-07-18 01:07:33| Waste Management - Topix.net

More than 100 people have registered for a seminar on hydraulic fracturing, or "fracking," being hosted by the Ottawa County Planning Commission at 7 p.m. on Wednesday, July 17. The two-hour seminar will include presentations from a local environmental consultant, the Michigan Department of Environmental Quality, the Michigan Oil and Gas ... (more)

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