(RNS) Church of England under fire for potential fracking profits

First it was payday lending; now fracking.

Last month, the Church of England acknowledged and regretted investing millions of pounds in a company that financially backs England’s leading payday lending company, Wonga. The company charges exorbitantly high percentage rates for loans that usually target the poor.

Now the church is under fire for taking an interest in fracking.

Read it all.

print

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Religion & Culture, Science & Technology, Theology