Saturday 27 July 2013

Osborne shoots for energy security, but shale gas is no silver bullet

Last week, Chancellor George Osborne announced a 30% tax rate on shale gas production. Representing a 32% reduction on the standard rate for oil and gas companies, the move is the latest in a series of attempts to secure Britain’s energy future.Unrest in the Arab world and a fragile political...bullet, Energy, Osborne, Security, shale, shoots, silver

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