Fracking is no good. I can't comprehend why the Tories love it so much. The evidence shows that it has a detrimental effect on the local environment, and with the renewables we have available to us, it's completely ridiculous. I'm glad I don't live near them, but I don't want anyone to live near them at all.
Because its cheap. Look what its done to prices in the States? Thats the problem with any government we have here. Short term gains.
For example, if a proportion of national insurance each year had been invested in a pension fund, then there would be more than enough money to pay for current pensions now. As it is, the amount of money needed to pay basic state pension will become more than the tax collected from working people in the not to distant future.
Same with selling off assets. Quick gain of a few billion and helps balances the books or to give tax breaks. Long term it might not be the best for the country.