Motoring1 min ago
Lets Get Fracking!
So that nice Mr. Osborne has offered major tax concessions to energy companies in an effort to attract companies to "Frack Britain".
Good idea, do you think?
Me, I do not understand why he feels the need to offer such large tax concessions. Seems to me the energy companies would be falling over themselves to get busy with the shale gas reserves in the UK, without the need for a bribe......
And it does worry me slightly that issues to do with ground tremors and water table contamination will be swept away by hordes of oilmen drilling at whatever likely spot takes their fancy....
http:// www.ind ependen t.co.uk /news/u k/polit ics/geo rge-osb orne-re veals-5 0-tax-b reak-fo r-frack ing-fir ms-8718 711.htm l
Good idea, do you think?
Me, I do not understand why he feels the need to offer such large tax concessions. Seems to me the energy companies would be falling over themselves to get busy with the shale gas reserves in the UK, without the need for a bribe......
And it does worry me slightly that issues to do with ground tremors and water table contamination will be swept away by hordes of oilmen drilling at whatever likely spot takes their fancy....
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