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Surely fracking is just an oil and gas industry answer to the question 'how do we keep making money as the domestic supply of gas drops?'
They have then sold it in to governments as 'this is a great way to secure your domestic gas supply'
Whereas the question the government should be asking is 'how do we reduce demand and phase out gas altogether?'
If they shifted the billions of pounds in subsidies that goes into oil and gas into insulating homes and buildings and installing ground source heat pumps in every house it would be a good start.
Lebowski-
this is a great way to secure your domestic gas supply
how do we reduce demand and phase out gas altogether?
I think the answer is they attempt to do both, and both have unintended nasty consequences that people don't like.
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Surely fracking is just an oil and gas industry answer to the question 'how do we keep making money as the domestic supply of gas drops?'
No. I think its the answer to 'how do we ensure the maximum number of gas sources to remain competitive'.
The pitch to the government is on a number of counts; cheaper energy for voters, jobs, economic stimulus, tax revenue, energy security.
What confuses me is that everyone of these can be applied to renewables. Especially the economic case. The last government report I looked at in relation to AD/similar, estimated just the bioeconomy in the EU had a T.O. of €2t.
Edit: just in case anyone is interested in power / energy loads of info here, probably not very mobile friendly tho
http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=nrg_105a&lang=en
Howard
hugo7
May have to. May not have to either. That’s part of the problem with the current state of the anti-fracking argument - it’s starting from the premise that everything will be the worst possible outcome imaginable.
Imports have to come from somewhere. The Norwegians can’t supply everything the UK needs, so we’re looking at Russian gas and LNG. Putting all our eggs in a Russian basket is risky geopolitically, and I don’t think the climate footprint of LNG is smaller than domestic fracking.