High Court challenge to Barclays’ sale of fracking company to offload clean-up costs onto public

A Judge has ordered a full hearing into a government decision to allow the sale of the troubled fracking company Third Energy – the company that is licensed to frack in Ryedale, North Yorkshire.

At stake is whether the government properly considered the risk to the taxpayer that the new owners would not meet the clean up costs.

Ministerial correspondence has revealed a government department “worked with” Barclays on the “orderly disposal” of Third Energy. Continue reading