UK Government Purloins Green Energy Funds For Argentine Fracking Venture

LONDON

UK Export Finance, the government’s foreign credit agency, promised in 2017 to offer loans totalling £1bn to help UK companies export their expertise in “infrastructure, green energy and healthcare” to invest in Argentina’s economy. Instead official records, released through a freedom of information request, have revealed the government’s plan to prioritize support for major oil companies, including Shell and BP, which are fracking in Argentina’s vast Vaca Muerta shale heartlands.

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