United Kingdom: Osborne to offer tax breaks for shale gas

Posted by Independent: Jane Merrick on December 2nd, 2012
Independent: George Osborne is expected to use his Autumn Statement this week to announce tax breaks for companies that carry out controversial fracking, arguing that boosting the shale gas industry is vital to economic growth. Despite fears from environmental groups and local communities, the Government will publish a gas strategy paper, which will give the green light to shale gas extraction, alongside the Chancellor's economic update. With the cost of fuel soaring, Mr Osborne is expected to say that giving......

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