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

Barclays to stop financing the #Ryedale fracking company, Third Energy

Sometimes we win battles!

Frack Free Calderdale is pleased that last week at their Annual General Meeting, Barclays’ Chairman John McFarlane told their shareholders that the bank would be withdrawing their financing of Third Energy – the company they own 97% of and that is licensed to frack in Ryedale, North Yorkshire. This could be a huge win for the anti-fracking and climate justice movement in the UK and one we should celebrate! Continue reading