Friday, July 19, 2013

Water firms raise fears over shale gas fracking

In a blow for shale gas explorers and government alike, Water UK, which represents all major water suppliers, has published a series of concerns about fracking and warned that failure to address them could “stop the industry in its tracks”.
Ministers hope the controversial process, which involves pumping water, sand and chemicals into the ground to extract gas trapped in rocks, could unlock a major new source of gas for Britain and bring down household energy bills.
Chancellor George Osborne on Friday unveils details of tax breaks for the shale gas industry, pledging the most generous tax regime in the world so that Britain becomes “a leader of the shale gas revolution”.

http://www.telegraph.co.uk/finance/newsbysector/utilities/10189331/Water-firms-raise-fears-over-shale-gas-fracking.html 

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