Gas exploration firm Cuadrilla Resources has reported growing losses of around £15m as it awaits the start of work on fracking operations in Lancashire.
http://www.lep.co.uk/news/business/losses-grow-at-lancashire-fracking-firm-1-8210518
Month: October 2016
Count Frackula Trick-or-Treats Letchworth Barclays over fracking investments
LETCHWORTH residents went Trick or Treating with Count Frackula on Saturday to call on Barclays bank to stop funding fracking in the UK.
Fracking Linked to Cancer-Causing Chemicals, Yale Study Finds
Yet another study has determined that hydraulic fracturing, or fracking, might be a major public health threat. In one of the most exhaustive reviews to date, researchers from the Yale School of Public Health have confirmed that many of the chemicals involved and released by the controversial drilling process can be linked to cancer. [Follow this link to the Yale School of Public Health page: http://publichealth.yale.edu/news/article.aspx?id=13714]
http://www.ecowatch.com/yale- fracking-cancer-study- 2063265923.html
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Climate Risk Technical Bulletin
The Sustainability Accounting Standards Board’s (SASB) Technical Bulletin on Climate Risk is designed to help investors better understand, measure and manage their exposure to climate-related risk. The research finds that climate change affects 72 out of 79 industries (93 percent of the capital markets, or $27.5 trillion) but manifests differently from one industry to the next. Due to the ubiquity of climate risk, investors can’t simply diversify away from it; instead they must focus on managing it—and on encouraging portfolio companies to manage it—in all its forms.
http://using.sasb.org/sasb-climate-risk-framework/
KKR-backed energy group mounts raid on UK fracking firm’s assets
An oil and gas group backed by the powerful Wall Street investor Kohlberg Kravis Roberts (KKR) is mounting an aggressive raid on assets owned by one of Britain’s leading fracking companies.
http://news.sky.com/story/kkr-backed-energy-group-mounts-raid-on-uk-fracking-firms-assets-10638745
Cuadrilla profits drop by almost $18m on fracking hold-up, filings show
The UK’s leading shale gas explorer has reportedly seen a drop in profits of almost $18million for the year 2015.
Campaigners tell Barclays to stop banking on fracking
ENVIRONMENTAL campaigners gathered outside Barclays on Saturday in opposition to the bank’s investment in a fracking firm.
Losses mount at Cuadrilla as it counts the cost of fracking delays
Britain’s leading shale gas explorer Cuadrilla Resources has reported widened losses of almost $18m (£15m) for 2015 as it counts the costs of another year waiting to get fracking approval.
Protesters force city Barclays to close with fracking funding demonstration
Protesters holding placards and dressed as workmen forced a city centre bank to close early in a demonstration against fracking.
http://nottstv.com/protesters-force-city-barclays-to-close-with-fracking-funding-demonstration/
Women sip tea on sofa in the most British protest ever in Piccadilly Circus
Friends of the Earth gathered outside Barclays Bank to oppose council-approved plans to begin fracking in Ryedale, north Yorkshire.
http://metro.co.uk/2016/10/29/women-sip-tea-on-sofa-in-the-most-british-protest-ever-6222476/