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Fracking tax breaks unveiled

Chancellor George Osborne has unveiled tax breaks for controversial fracking in a bid to create the "most generous" regime for shale gas in the world.

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Greenpeace accuses Osborne of 'sweetheart tax deals'

Greenpeace has accused George Osborne of offering "sweetheart tax deals" to reassure companies that fracking would be profitable.

Greenpeace campaigners previously set up a fake drilling operation outside George Osborne's constituency office. Credit: Lynne Cameron/PA Wire

Energy campaigner Lawrence Carter said: "Experts from energy regulator Ofgem to Deutsche Bank and the company in receipt of this tax break, Cuadrilla, admit that it won't reduce energy prices for consumers.

"Instead we're likely to see the industrialisation of tracts of the British countryside, gas flaring in the Home Counties and a steady stream of trucks carrying contaminated water down rural lanes."

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