Government has “no reliable cost” for net zero transition – MPs
An influential group of MPs has accused the government of having no clear plan for funding the transition to net zero emissions by 2050.
March 2022 headlines
Keep up to date with March 2022’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Third Energy awarded government funding for heat network study using old gas wells
Third Energy has received a grant of £50,250 to assess the feasibility of using geothermal energy from its former gas wells to power heat networks in the Ryedale area of North Yorkshire.
Government sued over $1.15bn funding for Mozambique gas scheme
A legal challenge to the decision by the UK government to approve $1.15bn funding for a liquified natural gas (LNG) project in Mozambique began at the High Court in London today.
COP26 headlines: 4/11/21
Talks focussed on energy at the fifth day of the COP26 climate talks in Glasgow. The COP president says “the end of coal is in sight” and there’s a commitment by some countries to end public funding for unabated fossil fuels.
Funding in fracking firm Cuadrilla to be slashed – forecast
A major cut in investment in the shale gas company, Cuadrilla, is likely in the coming months, its owner has predicted.
Irish government moves to block imports of fracked gas
The Irish government has announced it is withdrawing support for a gas import terminal at Shannon on the south west coast.
Investor backs Cuadrilla over fracking moratorium
Cuadrilla’s Australian investor has said it continues to give the shale gas company its “full support” in the face of a moratorium on fracking announced two days ago.
Lancashire calls for government funding of anti-fracking protest policing
Councillors in Lancashire are to ask the Home Secretary to pay for policing at anti-fracking protests from central government funding.
Third Energy’s accounts reveal “financial melt down”, say campaigners
The government should refuse consent for Third Energy’s fracking plans in North Yorkshire, campaigners said this morning in response to publication of the company’s annual accounts.
DRILL OR DROP? 