Investors rethink fracking interests

[Lock The Gate]

28-Jun-2011 - Hans Lovejoy (Byron Shire Echo)

Fracking operations by energy company Origin have come under scrutiny by one of the country's biggest ethical investment companies, Australian Ethical Investments (AEI).

AEI Chief Investment Officer James Jordan told The Echo this week that he believed the controversial gas extraction method 'poses significant environmental questions', and as a result the company's inclusion in its portfolio is under review.

Farmers and rural landowners, along with supporters of renewable energies have condemned the practice, which they claim involves hazardous chemicals that can potentiality poison water tables.

Full story:
http://www.echo.net.au/newsitem/investors-rethink-fracking-interests