Energy UK comments on shale tax breaks
Energy UK believes we need to consider a mix of all forms of energy generation to meet the UK’s needs and for energy security. Shale needs to be considered as part of the overall picture. However, any proposed schemes must take safety and environmental concerns fully into account.
We have not seen the details of any proposed tax breaks for shale production but incentives for energy generation generally, which help keep the lights on and energy affordable, are welcome as is the proposed financial commitment to benefit local communities.