Sunday, April 10, 2022

Gas..

 


Under UK new strategy, the government will speed up construction of offshore wind farms by reforming planning laws, hope to generate enough electricity to power every home in the country by 2030.

The government wants to see as many as eight nuclear reactors built over the next decade. It hopes nuclear energy can supply a quarter of UK electricity by 2050.

But fossil fuels are getting a new lease of life. Government plans include a licensing round later this year for more oil and gas drilling in the North Sea.

Consultancy Wood Mackenzie estimates that the United Kingdom could produce the equivalent of another 5 billion barrels of oil if it takes advantage of all its resources.

Yet North Sea research director at Wood Mackenzie, said that the country will remain "heavily reliant on [gas] imports in all scenarios" in the years to come.

last year, all the politicians were singing the Climate Change/Fossil Fuel problems. A year later they all looking to produce more before they get bankrupt.  

Just a thought.

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