With fracking restarting in the UK after a 7 year abeyance, it is time to update my August 2018 presentation suggesting that this is a very bad idea. To understand why this latest fiasco in British energy policy and wider society has come about, it is necessary to go right back to the beginning, around 2006, when fracking began in earnest in American shale ….and a multi-hundred-billion-dollar doomed-to-burst debt bubble began to build.
Jeremy Leggett 16th Oct 2018 read more »