Tag Archives for " shale gas "
Shale Gas Tax Breaks
Today Chancellor of the Exchequer, George Osborne, has announced plans to give generous shale gas tax breaks to companies involved in exploiting the UK’s shale gas reserves. The proposals, which the Government are now consulting on until 13th September 2013 include a reduction in the tax paid on shale gas revenues from 62% to 30%. […]
Continue readingEnvironmental Impacts Of Exploring Unconventional Gas And Oil Reserves
As global conventional oil and gas reserves dwindles and becomes more difficult to access, the world energy production trend is shifting to the exploration of unconventional reserves (shale gas and tar sand). Countries such as the US, Canada and even China have increased their investments in these reserves to help guarantee security of energy supplies […]
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