“A parliamentary inquiry into UK Export Finance’s sky-high fossil fuel support is long overdue. The UK government’s support for fossil fuels is incompatible with the Paris Agreement and with physical science.”
The shale gas company, Cuadrilla, is to allow more fluid to come back to the surface after fracking, in an attempt to tackle the problem of earth tremors. It will also seek to raise the threshold on the magnitude of tremors at which fracking must stop.
The news came in a statement overnight from one of the Cuadrilla’s main investors, the Australian mining company, A J Lucas. AJ Lucas statement
Neighbours of Cuadrilla’s shale gas site in Lancashire are living in an “information vacuum”, campaigners said today after an apparent pause in fracking for three weeks.
Frack Free Lancashire accused the company of “refusing to engage” with the media and said local representatives who sought information about the Preston New Road site were being “fobbed off”.
Cuadrilla said it had provided updates, where asked, to local people and the media.
Shale gas has flowed to the surface at Cuadrilla’s fracked well at Preston New Road near Blackpool, the company said this lunchtime. The news, described by Cuadrilla as “significant” and “providing early encouragement”, follows its complaints earlier this week that rules on earthquakes caused by fracking were too strict and could “strangle” the UK industry. The company has distributed a video showing the gas being burnt in a flare on the site.
The pro-fracking group, Lancashire for Shale, said the gas flow was a “real credit to the expertise and tenacity of Cuadrilla.” The opposition campaign group, Frack Free Lancashire, said Cuadrilla was desperate to give investors some good news after fracking at Preston New Road had caused more than 30 earth tremors.SHORT VIDEO
Tameside/Greater Manchester (GMPF) had by 31 March 2018 put in an extra £609m worth of holdings in companies that back fracking – which include financial, chemical, security and waste concerns. This is over and above the £700m recently disclosed.