UK Government “encouraging not subsidising” shale????

Speaking at the regular meeting of the Liaison Committee, Prime Minister David Cameron said that the government was not offering subsidies to shale operations, but merely providing tax-based incentives to encourage the industry to develop.

Mr Cameron has previously stated that the coalition would go “all out” for shale gas as reserves are estimated to potentially supply the UK for thirty years.

He advocated carbon cuts but only in the cheapest ways possible, as to not pass heavy increases in energy onto consumers and views shale gas as a key element of diversifying the UK energy sector.

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