Viscount Ridley
Main Page: Viscount Ridley (Conservative - Excepted Hereditary)
Baroness Verma
My Lords, businesses engaging in fracking will be working very closely with communities and are putting forward very attractive community benefits packages. As for tax-raising powers, I think that that is slightly above my pay grade.
Viscount Ridley (Con)
My Lords, does my noble friend agree that in all this discussion of the drawbacks of fracking we should also draw the attention of the devolved Administration and of others to the enormous benefits of affordable energy as provided by shale gas in various other parts of the world?
Baroness Verma
My noble friend is absolutely right. Of course, we will not know what the potential is until we do further exploration. I imagine that all those who want to see greater economic growth and job growth will welcome any matters that allow that to happen.