Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#1
Osborne is......................
Courtesy Guardian................
George Osborne unveils 'most generous tax breaks in world' for fracking
Environmental groups furious as chancellor sets 30% rate for shale gas producers in bid to
enhance UK energy security
George Osborne has infuriated environmentalists by announcing big tax breaks for the fracking
industry in a bid to kickstart a shale gas revolution that could enhance Britain's energy security
but also increase its carbon emissions.
The Treasury has set a 30% tax rate for onshore shale gas production. That compares with a
top rate of 62% on new North Sea oil operations and up to 81% for older offshore fields.
So far, no shale gas has been produced in Britain, but exploratory drilling is under way and the
British Geological Survey recently whetted prospectors' appetites by revealing there could be
huge resources waiting to be unlocked, possibly enough to supply the country for 25 years.
The beginnings of another bunch of Elite Greedy Pigs...?
Guest 660- Registered: 14 Mar 2008
- Posts: 3,205
#2
Just hope we don't need to drink any water near the fracking,it seems to have poisoned people in Pennsalvania,
If you knew what I know,we would both be in trouble!
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#3
Yes indeed East Kent aquifers ....................
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#4
Early days on this one, appears to be quite a lot of negatives and positives on this one
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
#5
What can possibly be the rush?
Its not as if this stuff appeared only recently and will disappear altogether if we don't act now.
The tax-breaks spoken of are neither here nor there. Fracking will not reduce the cost of gas to the consumer. The real problem shall remain, who will be able to afford to buy this stuff?
Leave it where it is, and as with our patience on the fusion front, let us wait until the technology and know-how are more equal to the task of extraction.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
#6
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#7
Its becoming bit clearer now that unlike the USA the UK doesn't have the resources or machinery to do these jobs
so probably cost millions
ALL POSTS ARE MY OWN PERSONAL VIEWS
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#8
well they can frack off,i am buying bottled water from france in future,.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#9
A desperate Government with no energy policies for the future, making desperate decisions!
Guest 743- Registered: 28 Feb 2012
- Posts: 260
#10
Unlike USA we have much tougher strategies in place for our water Supply with WRAS Water supply and fittings regulations 1999 a lot of water systems now by law have to be fitted with non return valves to stop potential backflow this is something they don't tend to use in US the regulations in our country are very tight, I will feel completely safe to know these will be enforced, it would be no more dangerous then the local farmer laying is hose pipes across a dirty manure spreaded field then shutting off hose and letting dirty water backflow, thats more likely a risk if he hasn't got backflip devices in place.
Guest 743- Registered: 28 Feb 2012
- Posts: 260
#11
Backflow rather not flip
DT1- Location: Dover
- Registered: 15 Apr 2008
- Posts: 1,116
#12
Phillip, there doesn't seem to be a dial on that website that tells us how much shale gas there is.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#13
appears to be a lot
but the costs of getting it out appear to be high
then theres the unknown damage it could cause
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#14
What a bunch of Frackers.........elite greedy vultures begin to circle over fracking tax breaks.....
Courtesy Independent.....
After cigarette packs and alcohol prices, David Cameron now faces questions about Lynton
Crosby and fracking
Prime Minister is under pressure over his strategist's potential conflict of interest
David Cameron was accused tonight of bowing to pressure from lobbyists such as the Tory
election strategist Lynton Crosby over a decision to give tax breaks for fracking.
The Government today announced it would cut the taxes paid by fracking companies on
their profits to less than half the levy faced by gas and oil producers.
The Independent this week detailed the work that Mr Crosby's lobbying firm, Crosby Textor,
does on behalf of companies promoting the controversial method of extracting shale gas.
Mr Cameron has insisted he has never been "lobbied" by his Australian adviser on any policy
issue, although he has stopped short of denying they have discussed such subjects.
.....tell it to the marines......
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#15
Courtesy Guardian..........
David Cameron under attack over fracking firm links to Lynton Crosby
George Osborne announces tax breaks for shale gas as prime minister accused of evasion
over top election adviser
The firm of David Cameron's head strategist, Lynton Crosby, has advised the fracking
industry in Australia.
David Cameron was accused on Friday of giving evasive answers about the Tories' chief
election strategist as the Labour party highlighted Lynton Crosby's role in promoting shale
gas companies in his native Australia.
As a cross-party committee of MPs accused the government of "utterly unacceptable"
behaviour over the preparation of a new bill on lobbyists, Labour warned of a "lobbying
scandal" in Downing Street after George Osborne unveiled tax breaks for the fracking
industry championed by Crosby.
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
#16
"Courtesy Guardian.........."
Precisely.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#17
not a good answer philip, whilst i agree that everyone has their favourite reads it is not always the case that they are predictable in their views.
2 for instances:-
earlier this week i posted a link from the grauniad that gleefully announced an opinion poll that showed the blues were on their way to a clear majority at the next general election.
this morning i looked in on the daily mail site which headlined how "boozy brits" were the bane of devout muslim's lives in a turkish holiday resort, just to add to it the pics they showed of "our boys" made it look like an edl weekend away.
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
#18
I thought it was a great answer under the circumstances. The Graud, in their great quest for us all to live in yurts and knit yogurt and turn the clock back to the stone age, fill their pages with puff about evil right wingers lobbying government in order to let loose the dogs of cheaper energy via shale. A commendable position to take if you examine the other side who employ pseudo scientific fraudsters to scare us all into going green and decarbonise the country leading to bankruptcy.
I'd hardly say they gleefully printed that poll. The Mail story didn't exactly glorify the brits abroad story in fact quite the opposite.
The point I made was to show how willfully ignorant Guardian writers with a religious agenda constantly churn out stories on, say, fracking and continue to spread the lies and myths surrounding the technology. It's quite appalling really.
Recently I posted a link to a story about STOR whereby banks of diesel generators are being held in reserve to make up the shortfall of electric energy over the next few years because of the green extremists dictating energy policy. Imagine that eh? A really dirty fossil fuel kicking in when crunch time comes.
Not a peep from anyone on this forum least of all from the Guardian, Independent or any other lefty outlet.
Payment for this type of power is charged at sixteen times the going rate for conventional methods of production.
See where I'm coming from?
I should add that at least I read and condense my point of view rather than merely copy and pasting stuff. My eyes glaze over when I read pasted stuff from mainstream news outlets.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#19
if you read post 17 again philip you will realise the point i was making about assumptions.
Guest 725- Registered: 7 Oct 2011
- Posts: 1,418
#20
Disagree there both papers resorted to type on the two respective stories.
Back to the issue of energy I've just read this.
http://www.eureferendum.com/blogview.aspx?blogno=84176
As I suggested earlier the guardian will not touch the story with a barge pole.
