Why are councils investing in the fracking industry they oppose?
Mathew Brown writes for The Guardian in “Why are councils investing in the fracking industry they oppose?” In this article, Mathew Brown writes about the pension funds investing:
In Scotland, Wales and Northern Ireland, fracking has been effectively halted, but councils there still oversee pension funds investing heavily in fracking companies.
In Lancashire our has county council had its own now infamous battle with then communities secretary Sajid Javid when he overturned the council’s rejection of Cuadrilla’s application to frack at Preston New Road. Two years on Cuadrilla are set to begin drilling – and the government is attempting to ensure that councils lose any oversight of where fracking developments are established.