Energy

Shale Oil &Gas

Shale gas is a fossil fuel and therefore threatens our atmosphere with CO2 emissions.  However, what are the alternatives?  We would all prefer the use of renewal energy sources, but at the present moment, the majority of the population would not support paying the higher fuel bills that would result as witnessed be the recent cutting back of the Green Levy initiative.  The UK has coal supplies in abundance, but burning coal produces unacceptably high levels of CO2, but there is a potential solution of carbon capture technology.  Most of the country’s gas supply comes from Qatar.  Transporting it here increases its CO2 footprint as well as not guaranteeing a continuous supply in times of emergency.

If shale gas is plentiful in the UK transportation costs would be reduced and supplies guaranteed.  UK oil and gas assets are owned by the state for which taxation produces around 60% income to government.  The government is proposing giving 1% of that back to local communities.  Just think of the good that this could do to pay for upgrading access roads such as the Marchwood By-pass in the New Forest or reinstating the Waterside railway.  How about if the government were to increase that 1% to a more realistic 10%?  Just think what the new found prosperity would bring to local communities.

Shale gas should not be thought of as a permanent source of energy, but as a bridging resource, a temporary measure until sustainable energy can be produced more economically.  The Green Levy could be funded by this energy source bringing forward the date that we are using clean energy with absolutely no carbon emissions.