COMING SOON – Will the UK Sacrifice the North Sea to Net Zero? with Kathryn Porter & Martin Copeland
As COP delegates use a road cut through the Amazon to attend a gathering of people who tell us we need to make sacrifices to protect the planet, the wider world is pivoting away from climate alarmism toward more human-centric policy choices.
UK energy policy is becoming a critical political battleground ahead of the next election, and the North Sea hydrocarbon industry is a focal point.
As Professor Sir Dieter Helm said this week in the Times,
"Global climate change won’t be mitigated by halting licences in the UK’s sector of the North Sea and instead importing oil and gas from elsewhere (including the Norwegian sector). Replacing North Sea gas with American LNG is environmentally much worse than “home-grown” gas. It also just makes the balance of payments worse, alongside all the imported gas from Norway and the imported electricity from Europe."
I recently spoke to Watt Energy consultant Kathryn Porter and Serica Energy plc CFO Martin Copeland to discuss this very issue. How long do we have to save the North Sea from this ideologically riven madness? What steps do we need to take to fix our astronomically high energy costs? Is the UK prepared to sacrifice its hydrocarbon industry to the gods of net-zero?
Coming soon, In The Company of Mavericks, on all good podcast apps ...
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