Amid energy crisis, UK Government uses Regulatory Death Curse on gas industry

Posted by freedomforall 4 years, 2 months ago to Government
7 comments | Share | Flag

Excerpt:
"Remember Cuadrilla, the company that discovered 200 trillion cubic feet of gas in Lancashire, UK in 2011? It multiplied the entire national reserve of shale gas by 37 fold. At one point the market value was estimated to be something like £136 billion and could keep the UK “in gas” for 56 years.

It should have changed everything. But in 2022 the UK is in an energy crisis and instead of expanding those shale wells, the UK government is sealing them up. They’re the only two viable shale gas wells in Britain, and the government wants them to pour concrete down the holes.

It’s been a long slow grind to nothing. The anti-frackers frightened the people with stories of “known carcinogens called ‘silicon dioxide’” and seismic shocks that registered 1.5 on the Richter scale. So the people of the UK gave up an industry worth £6 billion a year, and a reliable energy supply because a government department was afraid of pure sand and a class of earthquake so small it’s “rarely felt” and so common the world has “several million” of them each year.

Andrew Montford, of NetZeroWatch explains that the UK government regulated Cuadrilla out of existence:

The aim of the campaigners and their media allies was to destroy the industry before it took off, or at least to have it regulated into irrelevance. At first, the government held its ground, but with the media in full chorus that didn’t last for very long. After drilling operations caused a pair of microtremors (of a size somewhat smaller than a lorry rumbling past your window) the scaremongering reached a new intensity. Stories were circulated to the media that homes had been damaged. These claims were later shown to be baseless, but by then the government had had enough, and their resistance crumbled. New rules were put in place that made operators stop work if they caused even a tiny earth tremor. The so-called ‘red light’ level was set so low – far below anything detectable – it was said that if you wanted a long weekend, all you had to do was drop a spanner on the drilling pad on Thursday evening.

It’s a case of selective enforcement. No other industry has to keep seismic events to nothing; not truckers, or miners, or pop singers. Even primary school children are allowed to generate seismic shocks ten times bigger than Cuadrilla is. In 2001, one million of children jumped off chairs to create a shake of about a 3.0.

And it’s no accident. The Oil and Gas Authority (OGA) was created to drive fossil fuels out of business."
SOURCE URL: https://joannenova.com.au/2022/02/amid-energy-crisis-uk-government-uses-regulatory-death-curse-on-massive-local-gas-industry/


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by $ jbrenner 4 years, 2 months ago
    Is the founder of Cuadrilla named Ellis Wyatt, by any chance?
    Reply | Mark as read | Best of... | Permalink  
    • Posted by 4 years, 2 months ago
      imo, the real life Ellis Wyatt was George Mitchell (whose wildcat oil company
      invented fracking in the 1980's and whose real estate division built the
      Woodlands, TX from woods and farm land.)
      They also challenged ATT's phone monopoly in court and won in 1980.
      Reply | Mark as read | Parent | Best of... | Permalink  
      • Posted by $ jbrenner 4 years, 2 months ago
        I remember when The Woodlands first opened in 1976. They moved The Houston Open golf tournament from my neighborhood on the SW side of Houston up to The Woodlands.
        Reply | Mark as read | Parent | Best of... | Permalink  
        • Posted by 4 years, 2 months ago
          I was at Woodlands (late 70's-early 80's) as a consultant. One of my tasks one year was
          to manage the cash from all the concessions at the Houston Open. When James
          Garner heard that none of the staff were allowed to see the Pro-Am, he visited the
          office and gave autographs (and hugs to many happily consenting women.)

          George ran the company and made all the important decisions, imo.
          (The real estate division executives were overpaid marketing hacks in that era.)
          The land development group and all the oil company people that I met were
          very competent.
          Reply | Mark as read | Parent | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo