| The announcement of a new Sovereign Wealth Fund for the North to invest money from shale gas has been hailed by experts as a great idea – though critics say it comes several decades too late and that it is by no means certain there will be a big shale bounty.
George Osborne said he wanted to make sure ‘that the shale gas resources of the North are used to invest in the future of the North’. Optimists believe the UK is sitting on substantial resources that could see a re-run of the North Sea boom, though opponents claim fracking risks blighting beautiful countryside, polluting the water and causing minor earthquakes...............................................Full Article: Source
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