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Monday, November 04, 2019

The wasted taxpayers' cash in pursuit of elusive fracking dream

The UK Government's moratorium on fracking, announced on Friday, must rank as one of their biggest u-turns. The moratorium leaves the government with an option to restart fracking in future years. However, many critics believe the technology is not suitable for the UK:

“Fracking is utterly incompatible with our aims of ending the burning of fossil fuels in this country in a couple of decades,” said geologist Professor Stuart Haszeldine, of Edinburgh University. “Pursuing the technology of fracking while embracing the concept of having a carbon-free society is an example of national schizophrenia. It has wasted millions of pounds of taxpayers’ money. It has also wasted a decade when we should have been pursuing other goals.”

One such aim should have been the development of the technology of carbon capture and storage which would involve carbon dioxide being captured, liquefied and stored underground in old mines or depleted oil reservoirs, added Haszeldine. “We have lost significant leads in developing this technology over the past decade when we should have been pursuing them energetically. Instead we have wasted our time on fracking projects.”

This point was backed by Professor Jon Gluyas, director of the Durham Energy Institute at Durham University. “The government ban on fracking is a neat way of ignoring the now inescapable truth that the projected shale gas potential for the UK is tiny at best. We have, though, as a nation wasted a decade hoping for more gas to heat our homes rather than installing ultra-low carbon geothermal heating like that used in much of Europe.”

The Guardian reports that Ministers have been condemned for wasting millions of pounds of taxpayers’ money in their failed attempt to introduce fracking to the UK. Scientists also say that the pursuit of fracking has cost the nation a decade of effort that should have been expended on other, more environmentally friendly energy projects.

Whether anybody will be held accountable for all this wasted money, effort and time is doubtful. I wouldn't be surprised if, once the election is over the Government does another U-turn and start licensing drilling again. The vested interests in this industry are well-entrenched.
Comments:
Restart fracking in the future. Earthquakes surely change the underground layers of stratification. The gas will 'move around' .Would that not lead to REDRILLING to obtain the gas. That would cost more. Would not that lead to more cost in producing the gas increasing its price and who would pay? It could lead to higher gas prices. Wind solar water should be used far more.
 
Fossil fuel is what Cameron's mantra was . It resulted in him dragging his feet in coming into the modern world.A reluctance in abandoning the status quo that served the Tories well.Which the EU grasped with both hands
 
As far as carbon capture is concerned, it should not be just shoved in the ground but used in innovated ways ie the production of bricks for housing. If we put our minds to it new ways of using carbon could create jobs and businesses.
 
“Fracking is utterly incompatible with our aims of ending the burning of fossil fuels in this country in a couple of decades,” said geologist Professor Stuart Haszeldine, of Edinburgh University. “Pursuing the technology of fracking while embracing the concept of having a carbon-free society is an example of national schizophrenia. It has wasted millions of pounds of taxpayers’ money. It has also wasted a decade when we should have been pursuing other goals.” All very well, but this Profs comments fly in the face of the fact that the UK is importing huge amounts of fracked gas (via Milford Haven) and then pumped as LNG into the LNG pipeline running across Wales.
 
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