Quietly, and with no public discussion, the Government has been putting in place a system of licences and financial assistance to kick-start a UCG industry in Britain.
Articles: UK energy policies (4)
Those 24 Gboe (oil and gas) hotly debated during the independence campaign appear to be largely exagerated because half of that includes additional and yet-to-find resources the development of which is uncertain.
My question to the Brits: if you could turn the clock back, would you allow all your oil to be produced at the maximum possible rate, earning the amount of export dollars you did, if it meant that within a generation you would be back to being an oil importer paying roughly five times as much …
The current ‘energy debate’ is in danger of descending into little more than an unsavoury slanging match.