Tagged: Osborne

Your Involuntary Investment in Shale Gas

Your Involuntary Investment in Shale Gas

One of the little discussed issues around the recent announcement that the government is going to throw tax breaks at an industry which insists it doesn’t actually want or need them (see https://www.refracktion.org/index.php/fracking-and-the-budget/) is that it turns us all into investors in this business, as it is now OUR money...

Fracking and the Budget

Fracking and the Budget

As expected George Osborne used his budget speech on Wednesday to express government support for the fracking industry. He said: In the spending round, we will provide support for energy-intensive industries beyond 2015. For the North sea, we will this year sign contracts for future decommissioning relief, the expectation of...