Tory Peer Proposes Sovereign Wealth Fund Amendment to UK Infrastructure Bill

Posted on 10/23/2014


Lord Hodgson of Astley Abbotts, a Tory peer, proposed an amendment to the UK infrastructure bill. In it, Hodgson entails the formation of a soverign wealth fund being funded by shale gas revenue. Hydraulic fracturing, also known as fracking, could provide the UK with a boom in energy revenue. According to the Associated Press (AP), […]

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