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Will you hit the Frackpot? Theresa May's stunning cash payouts to families, with households offered up to £13,000 in the great shale bonanza

Families will be given cash handouts to boost drive for shale gas fracking

  • Homes in areas where the gas can be extracted would be given the cash
  • Latest move by new government to move away from Cameron energy plan
  • Prime Minister Theresa May will unveil the energy scheme on Monday
Families will be offered five-figure cash payouts under a radical plan to boost the drive for controversial shale gas fracking.
The Lottery-style ‘Frackpot’ windfall scheme, to be unveiled by Theresa May tomorrow, involves paying individual householders cash sums – which could be as high as £13,000 – if they are living in areas where the gas can be extracted.
The move marks a further dramatic departure by the new Prime Minister from David Cameron’s blueprint for Britain’s energy needs.
Prime Minister Theresa May hopes her bold post-Brexit plan would allow access to Britain¿s untapped energy reserve and give a boost to the economy
Prime Minister Theresa May hopes her bold post-Brexit plan would allow access to Britain’s untapped energy reserve and give a boost to the economy
Will your village or town hit paydirt in the great shale bonanza?
Will your village or town hit paydirt in the great shale bonanza?
In just three weeks in Number Ten, Mrs May has scrapped the climate change department, threatened to scupper the Hinkley Point nuclear power plant deal with China and France, and now plans to transform Mr Cameron’s cautious fracking rewards scheme.
Mrs May hopes her bold post-Brexit plan would allow access to Britain’s untapped energy reserve and give a boost to the economy.
But the scheme is likely to prove controversial: environmental critics may argue it is a ‘bribe’ which could undermine local democracy if councillors opposed to fracking find themselves under pressure from voters keen to get their share of the fracking lottery.
Under existing proposals, sums of up to £10million in each affected area were to be taken from business rates paid by fracking firms and given to town halls and community groups.

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