Energy campaigner Caroline Flint is calling on the Government to use the revenue from shale gas exploration to improve the energy efficiency of Britain’s homes.
The Government is proposing that 1% of the revenue from each well is placed into a dedicated fund, known as the Shale Wealth Fund. The Government is also proposing a £100,000 community fund from each well, for local community benefit.
Said Caroline: “Shale gas divides opinion, and I support stricter regulations than the Government has placed on the industry. But whatever view you take on the merits of shale gas, if a fund is to be created, I believe it needs to be one with a dedicated, environmental purpose. I believe that purpose should be to create warmer homes, and reduce our dependence on gas and other fossil fuels.”
Read Caroline’s submission to the Government consultation HERE.