Frack on! Osborne unveils ‘most generous’ shale gas tax break

Chancellor George Osborne has announced a 30% tax break for fracking companies in the UK in a bid to kick-start a shale gas revolution in the country. The Government said it is the “most generous” regime for shale gas “in the world” – less than half the 62% rate that the oil and gas industry […]

Romney would end US wind subsidy

US would-be president Mitt Romney has suggested he would end wind energy subsidy if he came to power in a challenge to President Obama’s own backing of the renewable energy, according to reports. As the run-up to US presidential elections later this year heats up, the Romney campaign earlier this week signalled the Republican nominee […]