Tag Archives: UK Fracking Firm Accused Of ‘Bribing’ Land And Property Owners

UK Fracking Firm Accused Of ‘Bribing’ Land And Property Owners – 29 September 2014

RT logoActivists accuse fracking firm Ineos of taking a “bribes and bulldozers” approach to shale gas exploration in the UK, as it offers landlords and communities affected a 6 percent future profit share.

In a bid to replicate the industry’s progress in the US, where the sharing of shale gas profits is commonplace, Ratcliffe hopes to incentivize landowners and residents to agree to fracking in their neighbourhoods.

“We think this is a game changer for Britain,” Ratcliffe said in a company statement. “Giving 6 percent of the revenues to those living above our shale gas operations will give them a real stake in the success of the venture and encourage the development of the whole shale gas industry”.

Read the full story at: www.rt.com / link to original article