Britain’s richest man has called the government’s attitude to fracking for gas “pathetic”, accusing ministers of listening to a vocal minority rather than looking at the science. Sir Jim Ratcliffe, whose firm Ineos is conducting exploratory fracking tests, said the north of England was sitting on potential huge energy resources. But restrictions were making it unviable for firms, he told the BBC.
BBC 1st May 2019 read more »
Letter Dr Jonathan Marshall, Energy and Climate Intelligence Unit: The argument that fracked gas is a gateway to renewables is out of date: natural gas is not a low-carbon fuel. Coal now produces just 5 per cent of our electricity, so there is little scope left for a coal-to-gas transition; and the vast drop in coal use has happened without a UK fracking industry. Climate change targets mean that gas use for electricity will fall to about one third of its present level by 2032, with use in home heating declining on a slightly slower timescale. Meanwhile the international market is awash with gas. Hardly anyone is interested in investing in UK shale despite a near-decade of hype.
Times 2nd May 2019 read more »