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Being stuck between Putin and climate zealots on energy policy isn’t a great place to be. He should ask himself how he got there.
Iowa Climate Science Education
London, 7 March – Net Zero Watch has welcomed Boris Johnson’s proposal for a “climate change pass” for natural gas and his call for ramping up natural gas production in the United Kingdom.
According to news reports the Prime Minister is calling on Western nations to ramp up natural gas production, countering his energy minister, Mr Kwarteng, who continues to oppose UK shale gas production and claims that Britain “needs to move away from expensive fossil fuels.”
As European gas prices are skyrocketing and are now 16 times higher than US shale gas, the Times reports that “Johnson wants the West, particularly the US and Canada, to ramp up its own production of gas to help remove the “massive leverage” Russia has over EU countries.”
Net Zero Watch believes the US and Canada would want to see…
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Global Britain is how we got there. Gunboat diplomacy near China, Ukraine. All because the transatlantic is utterly and irredeemably bankrupt with $2 QUADRILLION nominal debt. Time to cancel that debt, reorganize.
May be smoke and mirrors. They have permitted new gas drilling in the North Sea (6 wells?) . While the early stage exploitation of the Bowland Shale is an obvious and necessary move, nothing in the “announcement ” I have seen referred to says on-shore shale is part if it, fracked or not. JUst sayon. Shale gas is a some way away even if the government gets behind it.
I’m not even convinced about his ‘pass’. It all sounds very temporary, as if the ‘pass’ can be withdrawn at any time. Basically, when government decides to pick ‘winners’, you just know it’s going to make the wrong decision. And as for Kwarteng, ridicule is the only answer to a man who doesn’t understand basic market principles of supply and demand.
The existing UK shale gas test sites are due to be concreted over next week, by order of the government.
https://www.bbc.co.uk/news/uk-england-lancashire-60341226
‘According to news reports the Prime Minister is calling on Western nations to ramp up natural gas production’
Western nations don’t own the means of production. Private companies do. I should have expected the Prime Minister to know that.
“Johnson wants the West, particularly the US and Canada, to ramp up its own production of gas to help remove the “massive leverage” Russia has over EU countries.”
So, he wants Shell, BP, ExxonMobile, Chevron, et al to ramp up production. This from a government that says it is going to ban petrol vehicles in a few short years, thus killing these businesses. Look up chutzpah in the dictionary and BoJo’s picture is there. So BoJo calls Slow Joe for help. Who is Biden gonna call? He’s trying to kill U.S. energy as well. No one will answer the phone.
Anyway, with current prices being high, I imagine production is already at max.
Reality finally catches up with the deluded, the virtue signallers, and the corrupt.
Frack or perish simple as that.
Putin actualy did us all a favour.
Now rebuild out industry, a massive Geopolitical error that can be taken advantage of by expansionist states outside of the Western bubble, and as we have just witnessed “will”.
I think he probably means that Western Nation govts need to remove all obstacles to gas production, whether onshore or offshore. At least, that what it should mean.
I suspect the fat Turk is lying. Again.
The marvelous thing about governments is that they have virtually unlimited ways of increasing prices but virtually no ways to decrease prices.
Excuse my French, but was it not the fucking idiot PM who said we had to wean ourselves from “our addiction to Russian Gas” – an addiction created by successive government’s utter stupidity about the climate.
God help up us.
Jeremy – indeed, see my intro.
Going from bad to worse…
Government rescue of Bulb Energy set to cost taxpayers billions more
https://www.bbc.co.uk/news/business-60653751
Even the Guardian concedes gas has to come from somewhere, but still says no to fracking.
https://www.theguardian.com/business/nils-pratley-on-finance/2022/mar/07/looking-at-new-north-sea-gas-supplies-may-not-be-palatable-but-is-pragmatic
The Guardian and reality long ago parted ways