These are Liz Truss’s first steps after her arrival at Downing Street. In addition to enforcing a freeze on energy prices for homes and businesses, a long-awaited move across the Channel, the new prime minister on Thursday announced the potential use of shale oil and gas extraction in the country.
It is a very controversial technology due to the environmental consequences to which it is associated.
The previous prime minister, Boris Johnson, had questioned the impact of “fracking” on energy prices given that renewable energies are now cheaper than hydrocarbons.
“100 new licenses” for exploration and drilling
If the energy strategy of the previous government already provided for a revival of exploration in the North Sea, having recovered energy security in the face of the climate emergency since the war in Ukraine, the plan presented by Liz Truss expects “100 new licenses” exploration and drilling.
Downing Street also wants to increase the share of nuclear, whose fleet of power plants is limited and aging in the UK, in the wake of what the Johnson government already wanted.
Liz Truss has also confirmed, as she mentioned during her campaign, that she wants to “re-examine” the 2050 carbon neutrality target “by the end of the year to make sure it doesn’t put too much of a burden on businesses and consumers.” .
Source: BFM TV
