Will the former aerodrome be to the English fracking industry what Aberdeen was to the Scottish oil industry?
Is Threadneedle stitching up Trinity College,Cambridge?
Whilst the not-so-new Bursar of Trinity College – Richard Turncoat – continues to twiddle his fingers in his ivory tower, James Allum, of Columbia Threadneedle Investments, has confirmed what we already knew to one of the Waverley Web’s follows, Clifford Jones: that the American investment corporation is continuing with its long-drawn-out due diligence exercise on the aerodrome, no doubt with a view to chipping away at the price it originally offered the college.
If Bursar Turncoat wasn’t besties with several of the Columbia Threadneedle team – some of whom are former colleagues of his from his Blackrock days – he’d probably have kicked these corporate raiders into touch long ago.
As it is, it’s not just the stinky smell from the adjacent bio-digester on Stovolds Hill that is polluting the previously fragrant air around Dunsfold New Town these days. There’s a distinctly iffy-odour emanating from Richard Turncoat and his former cronies.
Whilst the Bursar fiddles, the green fields surrounding the aerodrome are being picked off one by one by avaricious developers including UK Oil & Gas. If the Bursar isn’t careful, with stagnation just around the corner and the recent housing boom about to goes bust, there’s going to be no one left to buy his houses … if he ever gets around to building them! Which most locals now seriously doubt, believing the aerodrome which, just a few years ago, was believed to be the White Knight to Waverley Borough Council’s housing shortage problems, is about to become a giant white elephant … and all thanks to one man: Richard Turnill! What an epitaph!
Will drillng for oil and gas at Dunsfold become more attractive – due to the energy crisis?
The Waverley Web lets Dunsfold oil & gas protestors have their say.
An argument that is overlooked in the fracking debate is the complex geology and the vital necessity not to harm aquifer integrity, water security within SE England is becoming increasingly critical.
Fracking requires that horizontal wells are located far below the aquifers. Drilling should only take place where there is the competence to impose the necessary conditions, monitor and enforce them. As with any exploration licence application a critical assessment of Operator competence must be a licence precondition. Aberdeen was an offshore exploration and production operation.