UK may lift curbs on shale gas, offer tax help

Times Live 8 October 2012.

Britain’s energy minister says he hopes for more shale gas exploration, and the finance minister is talking about a favourable tax regime for fracking.

Edward Davey, who heads Britain’s Department of Energy and Climate Change (DECC), said he hoped to lift a suspension on new shale gas exploration that was imposed last year due to concerns about the fracking technology used to exploit it.

“I hope it will prove possible for me to give a green light to shale,” Davey told a gas conference in London…

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