David Cameron will today seek to quell unrest in Conservative heartlands about the impact of fracking by promising a business rates windfall to councils that approve shale gas projects.

The move will coincide with an announcement by France’s Total SA that it will spend about $50m on exploring for shale gas in the East Midlands, making it the first oil major to invest in the UK’s fledgling sector. (Read more… http://www.ft.com/intl/cms/s/0/3f95493c-7b95-11e3-a2da-00144feabdc0.html?siteedition=intl#axzz2qFmYVpW2)

(English, Article, 2014)

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