Author Archives: fred
UK fracker unable to calculate costs or revenue
The part-owner of UK fracker Cuadrilla Resources – AJ Lucas – revealed last week it is unable to value its Lancashire drilling field. The Australian company – which owns 43% of Cuadrilla – hired PKF – a “bad debt and limited resource” consultancy – to value the UK’s favourite fracker. PKF’s report states “there is […]
Posted in News
Tagged Bubble & Bust, Cuadrilla
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The Economist: majority against fracking
The Economist magazine recently conducted an online survey which gathered opinions of fracking worldwide. Asking the question: “would you welcome more exploration for shale gas in your country?” a majority replied in the negative with 43.7% responding “definitely not”. The survey, which had 1116 votes cast, is published on the Economist website here.
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Tagged Fracking (Shale and Coal Bed Methane), Resistance
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Osborne relative lunches Polish frackers
The revelation that the father-in-law of UK Chancellor George Osborne is a gas lobbyist provoked little surprise in Poland. As a Minister at the Foreign and Commonwealth Office (FCO), Osborne’s father-in-law, Lord Howell, has been enthusiastically promoting UK investment in Polish shale gas. In early June, Howell met the Polish economy, treasury and foreign affairs […]
Gas pollution seeps into government
The gas industry is not only environmentally irresponsible – it’s lobbyists, paid representatives and vested interests also pollute our democratic process. To do this, the industry uses a complex series of interventions to promote their case, almost all of it hidden from public view. Below we reveal some of the ways the gas industry exerts […]
Fracking fuels DECC renewables battle
The unexpected departure last week of the head Civil servant in DECC, Moira Wallace, shows the gas industry pushing for dominance of UK energy sector. Ostensibly over renewable energy subsidies, Wallace’s resignation illustrates a behind-the-scenes battle within government with the Chancellor, George Osbourne, firmly backing gas. In a recent letter to energy secretary Ed Davey […]
Hydraulic fracturing on trial – live updates
Thanks to the good people at https://frackingontrial.org/ for these updates – live commentary on today’s proceedings. Three people are on trial charged with occupying a fracking rig in Lancashire, November 2011. Follow live on Twitter or visit https://frackingontrial.org/ 16.20 Court has finished for the day. We restart tomorrow at 10am. Thanks for all your support, […]
Posted in Blog
Tagged Resistance, Shale Gas, System Failure
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Fracking report ex-President is Cuadrilla Chairman
The report on fracking released today by the Royal Academy of Engineering (RAE) & the Royal Society omits a key consideration: the RAE’s ex-President is Lord Browne, Chairman of Cuadrilla, the UK’s leading fracker. Lord Browne was head of the RAE – co-author of the report – until last year. Browne owns 30% of Cuadrilla […]
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Tagged Cuadrilla, System Failure
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Fracking plan for Scotland revealed
A newly-released company document shows Australian fracker Dart Energy is preparing to frack in Dumfries, Scotland. The document also reveals a list of fracking chemicals and the quantities to be used near the picturesque town of Canonbie. Dart, via its subsidiary Greenpark Energy, intends to inject 1,100,000 litres of fracking fluid into the ground from […]