Why Europe Won't Exploit Its Huge Gas Reserves
Why Europe Won’t Exploit Its Huge Gas Reserves
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Why Europe Won’t Exploit Its Huge Gas Reserves
Liz Truss (pictured) will end the ban on fracking to make the UK 'energy-secure'. She said Britain cannot be 'held hostage' by authoritarian regimes and must end reliance on imports within a decade.
Industry figures welcomed the emphasis on near-term oil and gas production from the UK continental shelf, but the government refused to confirm any expansions to the national gas storage. [Gas in Transition, Volume 2, Issue 4]
Few governments place much faith in the resource as a near-term solution for energy security, and environmental opposition remains high.
The UK government says its posture on hydraulic fracturing activity will send a "clear signal" on the role of gas in the energy transition.