From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

AEP criticises Kemi Badenoch’s plan to maximise North Sea oil and gas. As I wrote yesterday, he offers no economic justification for his position. It is purely based on Net Zero dogma.

Instead, he thinks we can rely on wind power and that oil and gas will soon be dead end technologies anyway.

Clearly, he has not read NESO’s Future Energy Scenarios, published a couple of months ago:

According to NESO, the UK will still be using nearly as much natural gas in ten years’ time as we are now –between 71% and 80%, depending on scenario.

Even by 2040, we will still be using at least half as much. And if we go for the hydrogen scenario in a big way, gas consumption will barely fall at all.

Demand for petrol and diesel for transport will also remain strong for at least the next ten years. And the FES does not even look at non-transport use of oil products, which account for nearly half of UK consumption.

So where does AEP suggest we get all of this oil and gas?