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And the UK has a lot of North Sea gas that should be used while we are in the transition away from these fossil fuels. It's been argued for years that it shoul
by happymellon 4y ago
And the UK has a lot of North Sea gas that should be used while we are in the transition away from these fossil fuels.
It's been argued for years that it should happen as a short term fix for energy security, but didn't. And now we are here.
Sad, but unsurprising.
- paganel 4y agoThat would have brought ESG numbers down, we wouldn’t want that. This feels like an early 1970s Soviet economic mis-investment story (when they had to import grains from the US even though they had some of the best agricultural land on the planet), curious how it will all end up.
- ZeroGravitas 4y agoWe still have that gas (about 40% maybe, or maybe half of that if the other half is Norwegian). But we are paying market rates for it, which puts lots of profits in the hands of fossil fuel companies that came out of normal people's pockets. Returning it to them is the economically efficient answer.