UK lifts ban on shale gas fracking amid energy crisis

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 61%

United States United States Headlines News

British Prime Minister Liz Truss said earlier this month that fracking - extracting shale gas from rocks by breaking them up - would be allowed where it was supported by communities.

Britain has formally lifted a moratorium on fracking for shale gas that has been in place since 2019, saying strengthening its energy supply was an"absolute priority".

Business and Energy Secretary Jacob Rees-Mogg said today all sources of energy needed to be explored to increase domestic production,"so it's right that we've lifted the pause to realise any potential sources of domestic gas". But the rules around earth tremors meant its operations had to keep halting, meaning that neither of its two wells could be fully flow-tested.

Experts say fracking will do nothing to ease energy prices this winter since it would take many years for an industry to develop and it remains unclear whether a significant amount of gas could ever be extracted in this way in Britain.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in US

United States United States Latest News, United States United States Headlines