British firm Ineos accused of ‘bribes and bulldozers’ approach to fracking.

Guardian: “One of Britain’s biggest industrial firms has been accused of taking a “bribes and bulldozers” approach to fracking after unveiling a multi-billion pound plan to compensate landowners and local communities affected by its plans to use the controversial drilling technique.”
“Jim Ratcliffe, the 61-year-old industrialist who founded the chemical giant Ineos, is promising to hand more than 6% of future shale gas revenues to those sitting on the reserves or affected by their extraction, in an effort to replicate efforts in the US where shale gas has created scores of new millionaires. The situation in America contrasts starkly with that of the UK, where efforts to develop the controversial new energy source have been delayed by landowners, environmental groups and the planning system.
Simon Clydesdale, UK energy campaigner at Greenpeace, said: “This is just more of the same bribes and bulldozers approach that has already proved a failure. With one hand the fracking industry goads the government into steamrolling people’s right to oppose fracking under their homes, with the other it offers cash incentives.
“The industry forgets people have legitimate concerns about fracking that won’t be easily assuaged by cash sweeteners. The simple fact that the shale lobby can’t win the argument on safety but has to buy up consensus instead will help convince people that nothing good will come from letting the frackers through the door”.
At the weekend Ineos unveiled a plan to pay 4% of future revenues to landowners and a further 2% to local communities. The offer to locals trumps the 1% that the industry has already committed to. The company estimates the total figure handed to owners and local communities could be worth £2.5bn.”