Our members have conflicting views of fracking for shale gas. Supporters say that fracking:
- Has the potential for cheap energy
- Local and national economic benefits
- Long-term energy security
- Supply chain opportunities
- Reduce our reliance on less clean fossil fuels
Opponents say that fracking:
- Reinforces our dependence on fossil fuels
- Delays investment in low-carbon fuels
- Has the potential for local, environmental damage
- Will have negative impacts on local communities and businesses
- Is unlikely the economic benefits will be shared equally
Balancing these views, we cautiously support attempts to research the economic benefits and costs of fracking and better understand the technology.
Action FSB have taken
- We’re closely monitoring changes to the legislation that covers fracking in the UK.
- We continue to listen to the views of our members to understand the differing views on this issue and to ensure local decision-making plays an important role in the debate on fracking.
We want continued secure and affordable energy underpinned by environmental safeguards and a strong small business supply chain. Any fracking must be supported by and be of benefit to the local community. We welcome a strategic lead by the Government but want individual sites to considered separately. A ‘one size fits all’ approach will clearly not work.