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UK’s fracking firms might be qualified for tax breaks

UK’s fracking firms might be qualified for tax breaks Fracking companies may get help from tax breaks by using a loophole in the government’s windfall tax. That’s the suggestion from a analysis uploaded by the campaign society Uplift which implies the investment allocation tied to Energy Profits Levy could prolong to fracking companies, which may…
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New test site plans for fracking unveiled by INEOS

New test site plans for fracking unveiled by INEOS: INEOS, the chemicals and energy company, has proposed the construction of a shale gas test site. The project would be constructed to display the technology and prove it can be conducted safely in the UK, it has said. The government had commissioned the British Geological Survey…
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Most current review of fracking in the UK begins

Most current review of fracking in the UK begins: The government has enlisted The British Geological Survey to advise on the newest scientific evidence on fracking. There has been a moratorium on shale gas extraction since November 2019 following a report by the North Sea Transition Authority where they discovered it was not possible to…
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Is return of fracking in government’s plans?

Is return of fracking in government’s plans?: Considering Russia’s invasion of Ukraine, the Prime Minister reveals ways to increase the UK’s energy security raising criticism over the possibility of removing the moratorium on fracking. “We must take the bold steps necessary to end our dependence on Putin’s oil & gas. It is time to take…
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The UK’s only shale wells will be shut down

The UK’s only shale wells will be shut down: Cuadrilla said the Oil and Gas Authority (OGA) has ordered it to abandon two shale wells in Lancashire. The wells drilled at the Preston New Road (PNR) shale exploration site in Lancashire will now have to be closed. This follows the government’s decision to ban fracking…
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Negative Perceptions of fracking have impacted UK public

Negative Perceptions of fracking have impacted UK public: Negative perceptions of fracking have also adversely impacted the UK public opinion on technologies that are crucial in the fight against climate change, revealed a new study at Cardiff University. The reputations of technologies that remove carbon dioxide from the atmosphere was found, such as direct air…
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he has a good point