Cuadrilla downplays prospect of using fracking to drive new tech investment

Jessica Shankleman
clock

Fracking company distances itself from founder's proposal to use boosted tax receipts for green investment, as Lord Deben touts energy security benefits of shale gas

Shale gas developer Cuadrilla has distanced itself from its owner's mooted plan to boost local support for fracking operations by investing a chunk of the money raised through tax receipts in new technologies...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'Raising the bar': Ofgem and Innovate UK set priorities for £500m investment programme

'Raising the bar': Ofgem and Innovate UK set priorities for £500m investment programme

RIIO-3 innovation funding to focus on accelerating industrial and business grid connections and enabling plug-and-play for domestic clean technologies

Stuart Stone
clock 13 May 2026 • 3 min read
Study: Clean power 'bringing down wholesale prices', as gas' influence wanes

Study: Clean power 'bringing down wholesale prices', as gas' influence wanes

New analysis shows how gas power’s falling share of the electricity mix is allowing renewables to have a dampening effect on wholesale power prices

James Murray
clock 13 May 2026 • 4 min read
Corporate energy sourcing: 'This is a new era of volatility, data and decarbonisation'

Corporate energy sourcing: 'This is a new era of volatility, data and decarbonisation'

WATCH NOW: Experts from SE Advisory Services and Cornwall Insight discuss how companies of all shapes and sizes can develop clean energy strategies to drive down costs and boost resilience

BusinessGreen staff
clock 12 May 2026 • 2 min read