Tuesday, October 9, 2012

Great Britain to Lower Taxes for Development of Shale Gas

Link here, again through CarpeDiem.com.
Britain will seek to open up its potential reserves of the emerging but controversial fuel, shale gas, with a "generous new tax regime", the Chancellor has revealed, in a promise which has dismayed environmentalists.
The pledge reinforced George Osborne's aim of making a "dash for gas" the main thrust of Britain's future energy policy, raising more concerns that the Coalition was moving away from its promise of being the "greenest government ever."
The bigger question: whatever happened to the London Wind Array, off the Thames?

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