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Looks like a sop to the green lobby as new North Sea oil and gas projects have just been approved. But gas will be needed long after 2050 if the UK intends to keep running a modern economy, and security of supply in a competitive world is obviously far greater with more home-produced energy.
By Paul Homewood
With energy price rises about to hammer hard-pressed households across the UK, the Oil and Gas Authority regulator is trying to force onshore gas companies to seal up the shale gas wells they have drilled.
Net Zero Watch is warning that the government’s approach to the energy crisis remains dangerously incoherent. On the one hand, the Prime Minister is openly calling for increased domestic gas extraction and has brought forward approvals for North Sea developments, while at the same time regulators are preventing lower-cost onshore fields from ever being exploited.
Net Zero Watch director Dr Benny Peiser said:
And Net Zero Watch’s Director of Energy Dr John Constable explained that regulators’ remits are making things worse.
https://www.netzerowatch.com/government-needs-to-get-a-grip-on-energy-crisis/
One of the major issues here is that Net Zero has been deliberately placed as an overriding obligation in the OGA’s Strategy:
https://www.ogauthority.co.uk/regulatory-framework/the-oga-strategy/
Although they say they still aim to…
View original post 25 more words
Tallbloke's Talkshop 
Import US fracked gas instead, at higher cost and with no jobs benefit. Brilliant 🙄
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Britain to import 70pc of gas as North Sea reserves run dry
Reliance on foreign fuel will raise fresh questions over country’s strategic independence
10 February 2022
The UK will be forced to import almost three-quarters of its gas by 2030 as North Sea reserves are depleted, according to analysis of official forecasts.
Some 70pc of Britain’s gas is forecast to come from abroad by 2030, figures show, rising to 80pc a decade later and 85pc by 2050.
https://www.telegraph.co.uk/business/2022/02/10/britain-import-70pc-gas-north-sea-reserves-run-dry/
The government seems to have no clue on energy policy. Gas for electricity generation isn’t going away.
Let’s frack and burn gas and just increase the CO2 capture….
But of course we don’t have thst technology and the Greens have an irrational hatred of oil and gas extraction.
What you get when you have dumbf**ks running things: dumb stuff.
They seem totally unaware they’re advocating cutting off the branch of the prosperity tree they’re sitting on.
CO2 is dangerously low. Let’s aim for 1000 ppm. We don’t have enough fossil fuels to do it but we could at least try…
Letter in today’s DT from Francis Egan, boss of Cuadrilla:
Quote:
Each of our two Lancashire gas exploration wells flowed very high-quality natural gas to surface from just a handful of fractures completed in the underlying shale rock. The limited number of fractures was due to the regulatory requirement to halt operations any time micro-seismicity induced by fracturing exceeded just 0.5 on the Richter scale. A study by Liverpool University has equated the impact of a 0.5 micro-seismic event to sitting down on an office chair.
Just 10 per cent gas recovery from the Bowland shale could supply 50 years of current UK gas demand.
= = =
Main Reason Behind Europe’s “Energy Price Explosion” Is Green Policy In Europe And Germany
By Prof. Fritz Vahrenholt
The most significant price drivers are the European emission certificates, which have catapulted to over 90 €/tonne of CO2.
https://notrickszone.com/2022/02/16/main-reason-behind-europes-energy-price-explosion-is-green-policy-in-europe-and-germany/
In other words, government policy is the problem.