Policy

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The aspired impact of providing clarity on the UK’s government contribution to abandonment liability is to align the private and public sector trade-offs, resulting in i) removing a temptation to ‘bank’ liabilities to ensure the government pays its way, and ii) facilitating asset transfers to ‘natural owners’.
But how achievable are the objectives?

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Following on from our previous study on the developments in in France we have written the following presentation on the response in the UK. It provides insight into the fallout from seismic activity caused by fracking, the structure of relevant environmental and financial regulations and the state of current public opposition.

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