I support the concept of making use of the natural resources we have for our benefit. Just as we have done over the centuries with wood, coal, oil and gas. Now there is the possibility that enormous amounts of shale gas could be extracted and used by Britons. Increased energy supply should result in lower prices or at least stabilised prices and more importantly we will have security and control over our own supply of energy. Combined with the use of nuclear power and the wind and solar power we have been developing it could provide us with our energy needs for years to come.
I doubt any Government would not want to proceed with fracking which is why I take the view that if it is going to go ahead and it could affect communities here in Bury in the long term it is essential that those most affected receive some of the financial benefit. It has already been announced that communities will get £100,000 for each test well and 1% of revenues now it has been announced instead of half the business rates local authorities will be able to keep 100% of the business rates they collect from each site. What is essential is that these monies are spent as close as possible to the affected communities and not diverted to other projects elsewhere.