Title of Article: "Uk government lifts hydraulic fracturing ban"
Author of Article: Paula Dittrick
Date Written: 12/24/2012
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Summary: The UK government lifted a ban on hydraulic fracturing temporarily, opening the way for exploration and development of natural gas shortly after UK Chancellor George Osborne announced a push for gas development in his Autumn Statement. Egan, Cuadrilla chief executive officer, thinks that shale gas production could help with the declining UK North Sea production. Shale Gas Europe, an industry group, said shale gas development will attract investment, create jobs, increase UK competitiveness, and generate substantial tax revenues.
Thoughts/Feelings/Observations: I think that this is a good idea to help with the United Kingdom North Sea production that is declining. I feel that this would also create more jobs that would help people and that this would attract investment according to the article. Also, it would increase the competiveness for United Kingdom, and generate substantial tax revenues.
How it ties to political life:
This ties to political life by making more jobs for people, attracting more investment, increasing the competiveness for the UK, and generates substantial tax revenues. Generating substantial tax revenues is important to the states annual income. Having more investment for the UK is also important to them.
Author of Article: Paula Dittrick
Date Written: 12/24/2012
CLick here to view this article:
Summary: The UK government lifted a ban on hydraulic fracturing temporarily, opening the way for exploration and development of natural gas shortly after UK Chancellor George Osborne announced a push for gas development in his Autumn Statement. Egan, Cuadrilla chief executive officer, thinks that shale gas production could help with the declining UK North Sea production. Shale Gas Europe, an industry group, said shale gas development will attract investment, create jobs, increase UK competitiveness, and generate substantial tax revenues.
Thoughts/Feelings/Observations: I think that this is a good idea to help with the United Kingdom North Sea production that is declining. I feel that this would also create more jobs that would help people and that this would attract investment according to the article. Also, it would increase the competiveness for United Kingdom, and generate substantial tax revenues.
How it ties to political life:
This ties to political life by making more jobs for people, attracting more investment, increasing the competiveness for the UK, and generates substantial tax revenues. Generating substantial tax revenues is important to the states annual income. Having more investment for the UK is also important to them.