Our energy debate has become so fixated on renewables that we have almost forgotten the North Sea, and the vast quantities of untapped shale gas lying below our shores. Not that much will be available to save UK households from soaring bills this winter. As global gas prices spiked to record levels last week, few noticed that the Offshore Petroleum Regulator for Environment and Decommissioning – a Department for Business quango that grants licenses for extraction in the North Sea – rejected an application from Shell to exploit its Jackdaw field, 150 miles off Aberdeen. At some point Greenpeace snuck into government when we weren’t looking, and our North Sea strategy became ‘leave it in the ground’.
Telegraph 9th Oct 2021 read more »