
The era of silly but damaging climate games is over, or should be. The world has far more serious matters to attend to.
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London, 25 February – Net Zero Watch has called on Boris Johnson to stop all Russian gas imports and follow through on his statement to Parliament yesterday that the UK should use domestic hydrocarbons “rather than pointlessly importing them from abroad.”
According to the Department for Business, Energy & Industrial Strategy the UK has imported 73,770 Gwh of Russian LNG in the last 4 years. At 4 pence per kwh – that gas has a value of £2.95bn.
In other words, Britain has been funding Putin’s war machine to the tune of £14 million per week.
As analysts predict that Putin’s invasion of Ukraine risks driving up household energy bills to more than £3,000 per year, pushing millions of families into fuel poverty and threatening tens of thousands of businesses, the government’s reluctance to use all available means to alleviate the growing cost burden is effectively adding to the economic and geopolitical crisis.
Net Zero Watch director, Dr Benny Peiser said:
There is a global LNG market now and no need to import any Russian gas whatsoever. The government should stop all Russian gas imports with immediate effect as LNG is available from other parts of the world.”
One of the most effective responses to Russia’s war efforts (in addition to sanctions, asset seizures and travel restrictions for Putin’s London-based oligarchs and their families) is for the UK to revitalise North sea exploration for oil and gas and finally kick-start a shale gas revolution to enhance Britain’s energy supply and national security.
Full press release here.
Tim Worstall/NZW: Restarting UK Shale Gas (pdf)
via Tallbloke’s Talkshop
February 25, 2022 at 06:15AM
