Tagged: Wealth Fund

Really Chancellor?

Really Chancellor?

One might expect the Chancellor of the Exchequer of all people to be aware of where tax comes from! Here is how the government defines the potential Shale Gas Wealth fund in its consultation document:   So it is quite clear that it would be funded from “tax revenues” and...

Fracking bribes and house prices

Fracking bribes and house prices

Hot on the heels of Theresa May’s attempt to ignite the flare stack of public enthusiasm for fracking by offering householders bribes to accept it, comes an article from Mortgage Insider which fractures one of the main seams of her argument, releasing the very gas of truth into the air....

Global WTF Thinktank Urges Theresa May to Jump off a Political Cliff

Global WTF Thinktank Urges Theresa May to Jump off a Political Cliff

What’s this I hear you ask? The Global Warming Policy Forum , a right-wing climate denier “forum”, (or “think tank”, “septic tank” or what you will) is urging the newly minted PM to rush headlong of the fracking cliff? Surely not? But yes, they are indeed! London, 8 August 2016...

The Shale Wealth Fund Consultation Document

The Shale Wealth Fund Consultation Document

This document can be downloaded from https://www.gov.uk/government/consultations/shale-wealth-fund The first and most obvious comment to make is that yesterday’s media hysteria about individual households being promised tens of thousands of pounds each was clearly rubbish. The only refrences to this idea in the document are: 1.12 The government is also clear...

Inducements and Bemusements

Inducements and Bemusements

So yesterday the National Press all reported on a new consultation on fracking, launched personally, it would appear, by Theresa May. Except we haven’t yet (at the time of writing) been allowed to see its contents. Nevertheless the papers were hyperventilating about the news that individuals rather than councils would...