| The heated debate over fracking was ignited once again today after Chancellor George Osborne confirmed plans for a shale gas “sovereign wealth fund” to boost the north of England. The Chancellor reiterated that the Government wanted to encourage the development of shale gas – a move yet to be approved by Lancashire planners.
Mr Osborne yesterday used his autumn statement to confirm he was in favour of a new investment fund to be created from shale gas tax revenues that will be reinvested locally. Friends of the Earth accused Mr Osborne of putting “powerful interests and big polluters ahead of our health, homes and wellbeing.”..............................................Full Article: Source
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