Five years ago this week, George Osborne as chancellor announced a scheme to place tax revenues from shale gas fracking in Lancashire and Cheshire into a ‘sovereign wealth fund for the north of England’. Soon after that, a leaked memo revealed him urging fellow ministers to intervene with planning authorities to fast-track fracking proposals and in particular to help Cuadrilla, the company whose drilling near Blackpool caused a seismic tremor in August big enough to give the current government reason to impose a moratorium on fracking ‘until and unless’ it’s judged completely safe.
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