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United Kingdom: Fracking companies should not get tax breaks, says No 10 adviser

2013-07-18 21:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Shale gas fracking companies should not be granted tax breaks, a leading Downing Street adviser has said, because their operations are likely to be profitable without such incentives even as the government prepared to offer developers a new "pad allowance" for the wells they drill, to encourage more of the controversial exploration. Peter Lilley, the climate sceptic Tory MP who is an adviser on foreign policy in No 10, said in a debate on shale gas in Westminster Hall on Thursday afternoon:...

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