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JUL 19, 2013 - Forbes

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In Greenpeace's World A Higher Than Normal Tax Rate For Shale Is A Tax Break

You might have heard about the shale gas that is thought to underlie the North of England. You might also have heard the shrieks from various environmentalists as they insist that allowing even one drill to penetrate Gaia's veil will lead to us all being murdered in our beds. But I have to admit that this is a new one on me: the claim that a tax rate higher than normal is in fact a tax break: Lawrence Carter, a Greenpeace energy campaigner, said: "The chancellor is telling anyone who will listen that UK shale gas is set to be an economic miracle, yet he's had to offer the industry ... Read More

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