Billionaire founder of Ineos wants to start shale gas revolution in the UK

Jim Ratcliffe says fracking is vital to tackle high energy prices, and predicts it will turn villagers into millionaires

The billionaire owner of Britain’s largest chemical company on Thursday unveiled plans to invest £640m in a bid to kick-start a shale gas revolution, which he claimed could make millionaires out of rural villagers.

Jim Ratcliffe, founder of Ineos, said he wanted to become the industry’s biggest player because fracking was vital to tackle high energy prices that were hurting consumers and killing manufacturing firms.

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Source Network Front | The Guardian http://ift.tt/14Sgm4E

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