Oil and gas part of future for decades to come, says Starmer, who wants the UK to ‘build, baby, build’

https://www.insider.co.uk/news/oil-gas-part-future-decades-34632579?utm_source=reddit&utm_medium=post&utm_campaign=reddit

Posted by rarely-redditing

5 comments

  1. Honestly as much as I wish we just had sustainable power, what is the point. We all get to be poor trying to do the right thing while other countries burn piles of coal, or just pour oil onto dolphin’s faces.
    We have fallen behind too far on the legacy of previously being an empire. We need to use the resources, bring down the cost of electricity, invest in business and new houses. Actually try to lift people up to better their lives.
    Norway has made a bunch of money mining their reserves, selling it and using the cash for their Oil Fund, which is then actually invested.
    We can consider doing the right thing when people aren’t freezing in their own homes, or so poor that malnutrition has become a noticable trend by the NHS.

  4. They are trying to kill the industry by not giving anymore licenses and winding it down.

    Miliband is tasked with its destruction.

    Starmer saying it’s part of our future but only due to previous approved licenses and not in any scale

  5. The promise of cheap renewables was a lie.

    We have some of the highest electricity prices in the world, have destroyed much of our industrial base, and are all poorer. And yet we are still dependant on foreign gas.

    Marginal electricity generation from wind and solar is ‘free’ but not for consumers, as the private owners of wind and solar farms receive guaranteed income via CFDs even when there’s no demand for their electricity.

    Power generation needs to meet the peaks and troughs of demand, so intermittent renewables cannot work without grid storage or other power sources to make up the shortfall.

    Building more renewables isn’t going to solve these problems, or bring down our electricity bills.

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