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Breaking: Osborne gives Amber light for UK fracking
Wednesday, December 5, 2012 8:30
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Dec 5 (Reuters)
- Britain on Wednesday launched a government office for shale gas to simplify regulation of the unconventional gas sector more than one year after it temporarily banned shale gas fracking for environmental reasons.
Finance minister George Osborne also confirmed his announcement made two month ago to hold public consultations on tax breaks for shale gas exploration.
Britain’s energy secretary has not officially lifted the ban but Wednesday’s confirmation of shale gas tax breaks implies Britain will allow fracking work to resume and he previously hinted at the fact he hoped to give it the green light.
2012-12-05 08:20:12
Source: http://tallbloke.wordpress.com/2012/12/05/breaking-osborne-gives-amber-light-for-uk-fracking/
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