PM Overrules Energy Regulator

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Let’s hope this decision is not just a publicity stunt to be kicked around for the duration of the Ukraine disaster, with no end result.

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

According to press reports, the Prime Minister has opened the door to the revival of the UK’s shale gas industry in the aftermath of the Government’s ban on imports of Russian oil.

According to the Daily Telegraph “the Prime Minister wants his ministers to look again at whether fracking, which has been under a moratorium for more than two years, can help diversify the country’s energy supply.”

Officials are said to be working on an “energy supply strategy”.

Meanwhile, the US administration is ratcheting up pressure on shale gas producers, telling them they should be doing “whatever it takes” to increase shale supplies and tame energy prices that have soared following Vladimir Putin’s invasion of Ukraine.

Even the EU’s newly released energy plan makes absolutely clear that the first and overriding priority is to obtain non-Russian natural gas to shore up security of supply.

Net Zero…

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March 9, 2022 at 09:33AM

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