Monday, May 20, 2013

Mixed blessing?


Suppose the UK has vast quantities of readily accessible shale gas – what then?

If the Cabinet do not have the wit and imagination to reconcile our industrial needs with the fact of North Sea oil, they would do better to leave the bloody stuff in the ground.
Sir Michael Edwardes on North Sea Oil in 1980

Do we have the wit and imagination to reconcile our energy and social needs with a shale gas bonanza? If the gas is there in abundance, are we likely to use it wisely? 

What would count as using it wisely?

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

No comments: