Category Archives: Fracking

Government policy failures are obstacle to UK net zero target, advisers warn

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Progress report from the Climate Change Committee suggests ministers could renege on greenhouse gas emissions commitment

The government is failing to enact the policies needed to reach the UK’s net zero targets, its statutory advisers have said, in a damning progress report to parliament.

The Climate Change Committee (CCC) voiced fears that ministers may renege on the legally binding commitment to achieve net zero greenhouse gas emissions by 2050, noting “major policy failures” and “scant evidence of delivery”.

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Fracking firms could share in UK fossil fuel tax breaks worth billions

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Exclusive: Campaigners say funding may provide incentive to restart fracking if moratorium is lifted

Fracking companies are likely to be eligible for tax breaks, potentially worth billions, that the government is extending to oil and gas companies to encourage new exploration of fossil fuel resources.

Combined with high gas prices, the extra funding – which amounts to a subsidy, according to campaigners – could provide a strong incentive to restart fracking operations if a moratorium in the UK is lifted, which could happen as early as this week.

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Ministers launch fracking study, paving way to end moratorium in England

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Conservatives seek to examine latest techniques, citing rising energy costs

Ministers have paved the way for a reconsideration of the moratorium on fracking in England by commissioning a new study to examine safety concerns about the controversial practice.

In an effort to decrease Britain’s reliance on imported energy given spiralling costs, the business secretary, Kwasi Kwarteng, said it was “absolutely right that we explore all possible domestic energy sources”.

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‘We’re ready’: UK anti-fracking activists prepare to fight resurgence plans

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Boris Johnson’s suggestion practice could re-emerge after invasion of Ukraine has rallied campaigners

Anti-fracking campaigners have vowed to give energy firms “no peace” if the government lifts the moratorium on fracking, pledging “inconvenient and noisy” protests at every site.

Steve Mason, campaign director of Frack Free United, said there was an army of retired “geri-activists” ready to lie down and face prosecution for the cause again.

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How can Europe wean itself off Russian gas?

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Analysis: whether tapping other suppliers or switching energy sources, there is no quick and easy option to loosen Putin’s economic grip

As Boris Johnson told parliament that Europe must wean itself off Russian gas – to loosen Vladimir Putin’s “grip on western politics” – the Nikolay Zubov tanker was making its way back from British waters to the port of Sabetta, in northern Siberia.

The 300m-long vessel had recently dropped off a consignment of liquefied natural gas (LNG) at the Isle of Grain terminal, in the Thames Estuary, operated by the National Grid.

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‘Kills all the birds’: Trump and Biden spar over climate in TV debate – video

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The closing moments of the final presidential debate focused on climate change. Joe Biden stressed the need to expand sources of renewable energy while again disputing Donald Trump’s claim that he intended to ban fracking, which he does not. 'I know more about wind than you do,' Trump retorted, drawing an exasperated laugh from Biden. 'It’s extremely expensive. Kills all the birds'

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Chesapeake Energy, fracking pioneer, files for bankruptcy owing $9bn

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The Oklahoma City-based company helped turn the US into a global energy powerhouse but ran up huge debts in the process

Chesapeake Energy, the shale gas drilling pioneer that helped to turn the United States into a global energy powerhouse, has filed for bankruptcy protection.

The Oklahoma City-based company said on Sunday that it had been forced to enter chapter 11 protection because its debts of $9bn were unmanageable.

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Polémico proyecto de fracking en Argentina amenazado por la pandemia de coronavirus

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El confinamiento y la caída del precio del petróleo ponen en juego el futuro de un enorme yacimiento petrolífero argentino

En las próximas semanas, se esclarecerá si el mundo vuelve a los combustibles fósiles tras la pandemia o si da un paso adelante hacia una economía limpia, mientras el FMI (Fondo Monetario Internacional) y Argentina deciden si van a continuar ofreciendo su apoyo a los inmensos yacimientos de petróleo y gas de Vaca Muerta, en Patagonia.

El objetivo del proyecto es explotar el segundo depósito más grande de esquisto del planeta (después de la Cuenca Pérmica, en Texas), pero su futuro es incierto debido al confinamiento forzoso provocado por COVID-19, que ha causado el descenso más drástico en el precio del crudo de los últimos treinta años.

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Why Iran crisis is unlikely to hit US consumers hard at the gas pumps

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Rumors of Middle East war used to inevitably lead to soaring gas prices but fracking revolution has changed the market landscape

For many older Americans the thought of war in the Middle East will trigger memories of soaring gas prices and long lines at the pumps. But as US relations with Iran sink to a new low there is, as yet, no sign of panic.

Related: By killing Qassem Suleimani, Trump has achieved the impossible: uniting Iran | Dina Esfandiary

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Fracking halted in England in major government U-turn

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Victory for green groups follows damning scientific study and criticism from spending watchdog

The government has halted fracking in England with immediate effect in a watershed moment for environmentalists and community activists.

Ministers also warned shale gas companies it would not support future fracking projects, in a crushing blow to companies that had been hoping to capitalise on one of the new frontiers of growth in the fossil fuel industry.

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Fracking protesters ‘priced out’ of Cuadrilla legal challenge

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Judge denies costs protection over injunction restricting protests at Lancashire site

An environmental group has been forced to withdraw its legal challenge to a wide-ranging injunction by the fracking firm Cuadrilla after being “priced out of court”.

Three fracking protesters are facing court action after the energy company obtained the injunction restricting protests at its shale gas exploration site in Lancashire.

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Local councils heading for fracking showdown with government

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Greater Manchester tells firms they are not welcome as discontent spreads

Ministers are facing a fresh confrontation with local councils over their controversial plans to expand fracking, after one of the biggest combined authorities in the country set out plans to ban the practice.

Greater Manchester’s decision to effectively stop companies from extracting underground shale gas in the region was greeted as a critical moment in the fight against fracking, which critics say is dangerous and unproven.

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