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China Daily / 2022-09 / 15 / Page010

UK's ramped-up fracking plans won't ease bills, critics say

By ANGUS MCNEICE in London | CHINA DAILY | Updated: 2022-09-15 00:00

Energy experts have warned that the United Kingdom's plans to ramp up domestic fossil fuel extraction may not resolve the cost of energy crisis, but could instead jeopardize the nation's net-zero ambitions.

Prime Minister Liz Truss recently confirmed that a four-year moratorium on hydraulic fracturing-or fracking-will be lifted in order to exploit "huge reserves" of shale gas beneath British soil.

In addition, energy minister Jacob Rees-Mogg said the UK will "extract every ounce of oil and gas from the North Sea", which he said will help protect against the kind of supply and price disruptions that have occurred during the Russia-Ukraine conflict.

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