UK: #EnergyCrisis Fracking Back on the Table as Prices Provide Monetary Gain

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#AceNewsRoom With ‘Kindness & Wisdom’ Apr.05, 2022 @acebreakingnews

Ace News Room Cutting Floor 05/04/2022

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#GlobalWarming & #ClimateChange says NetZero reports that fracking is under consideration as UK energy crisis deepens and prices rise with removal of energy price cap

1) Energy woes can be tackled by extracting ‘every last drop’ of oil and gas from the North Sea, says Jacob Rees-Mogg
Daily Mail, 5 April 2022

2) Boris Johnson blows cold on onshore wind faced with 100-plus rebel MPs
The Guardian, 5 April 2022

3) Fracking under consideration as UK energy security strategy to be published
The Times, 5 April 2022

4) Charles Moore: Net Zero is one Big Thing Boris has got wrong
The Daily Telegraph, 5 April 2022

5) Could Boris ditch Net Zero?
The Spectator, 4 April 2022

6) Benny Peiser: If the U.S. copies Europe’s Net Zero agenda, it will end in tears
Stephen D. Haner, Suffolk News-Herald, 1 April 2022

7) Craig Mackinlay: How to gain popular consent for fracking
Conservative Home, 4 April 2022

8) Allysia Finley: You’ll miss fossil fuels when they’re gone
The Wall Street Journal, 5 April 2022

9) Irina Slav: Why renewables can’t solve Europe’s energy crisis
OilPrice.com, 4 April 2022

10) Good luck with that: ‘Drive less, go veggie and work from home’ UN climate scientists demand
The Daily Telegraph, 5 April 2022
1) Energy woes can be tackled by extracting ‘every last drop’ of oil and gas from the North Sea, says Jacob Rees-Mogg
Daily Mail, 5 April 2022

2022

Britain should extract ‘every last drop’ of oil from the North Sea, the Brexit Opportunities minister said yesterday.

It came as UK regulators confirmed new licences to drill for fossil fuels will be issued this year.

Speaking ahead of the launch of the Government’s Energy Security Strategy this week, Jacob Rees-Mogg said targets to cut carbon emissions should not be allowed to prevent the full exploitation of Britain’s oil and gas reserves.

Drilling for oil and gas is ‘moral and economic madness’, the UN’s Secretary General warned yesterday as he released the latest scientific report into the climate crisis.

Antonio Guterres said the report was a stark warning of what will happen if we do not take action – devastating flooding, heatwaves and droughts.

He added: ‘This report… is a litany of broken climate promises. It is a file of shame, cataloguing the empty pledges that put us firmly on track towards an unliveable world.’

He said that despite pledges to hold global warming to 1.5C at the Paris Agreement in 2015, current policies meant we were on course for an increase of more than 3C.

He rejected calls for oil giants to face windfall taxes to ease the cost of living, saying they needed to make profits ‘so they get every last drop out of the North Sea’.

Speaking to LBC radio, the Brexit opportunities minister added: ‘We need to be thinking about exploiting every last cubic inch of gas from the North Sea. We are not going for net zero tomorrow – 2050 is a long way off.’

Andy Samuels, chief executive of the North Sea Transition Authority, which oversees exploration, said yesterday that further licences for drilling would be issued later this year, provided they pass ‘climate compatibility checks’.

Dr Samuels acknowledged that the move would be controversial with some green groups, but added: ‘While we still need oil and gas it seems sensible to get it from the North Sea, which has a lower carbon footprint.’

The energy strategy, drawn up after Russia’s invasion of Ukraine, is expected to give the green light for further North Sea exploration, together with a big expansion of nuclear power.

But ministers are split over how far to go in relaxing planning permission for building onshore wind farms.

The strategy is also expected to look at the moratorium on fracking to see if there is new evidence shale gas can be extracted without the risk of significant tremors.

Full story

#AceNewsDesk report ………..Published: Apr.05: 2022:

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