A South African farming lobby group, including the Graaff-Reinet, Cradock, Jansenville and Buffelshoek Agricultural unions, has mounted a successful legal challenge to government legislation paving the way for fracking in the Eastern Cape.
Mirroring the UK, a scientific study published last month suggested its Karoo Basin probably has a fraction of estimated deposits, deflating expectations of an energy bonanza. More details at http://www.bizcommunity.com/Article/196/646/168962.html
The ban was announced as the CLA sparked fears that private landowners could be left facing liability if anything went wrong as a result of shale gas operations. Further details at http://www.fwi.co.uk/business/fracking-banned-scotland-indefinitely.htm
The Country Land and Business Association (CLA) has raised concerns with the government that long term liabilities associated with fracking have not been addressed, calling the lack of clarity “frustrating” . Here are a couple of press reports, and the letter itself:
The government is consulting on proposals for 10% of shale gas tax revenues to be spent through regional and local sovereign wealth funds.