Economy
Boris Johnson: London should leave ‘no stone unfracked’
The mayor of London Boris Johnson has said that the city should exploit its full shale gas potential in order to “keep the lights on” and to satisfy the energy demands of a growing population.
He told the Times that energy security has to come first because “London’s electricity capacity headroom will be down to 2%” in two years time.
He said, “If reserves of shale can be exploited in London we should leave no stone unturned, or unfracked, in the cause of keeping the lights on.”
However, campaigners warned that this would not represent a viable solution to the pressures on energy demand.
Jenny Banks, energy and climate change specialist at WWF-UK, said, “Boris Johnson is confusing energy with electricity.
“If the lights went out it would be because of a shortage of power plants not a shortage of gas. Even if a shortage of gas were the problem, the solution would not be shale gas as no commercial production of shale gas is expected in the near future.”
She added, “London and the south-east are extremely densely populated areas where water resources are already overstretched.
“Shale gas drilling brings heavy traffic, noise and there are a number of outstanding concerns about contamination and pollution. In other words, it’s one of the most unsuitable places in the country for anyone to think about drilling.”
Carbon Brief’s Mat Hope analysed Johnson’s claims in detail, concluding, “If the right geology is there and if planning permission can be obtained, and the public can be won around, there’s technically no reason why frack pads couldn’t pop up across London.
“After all, drilling near urban areas is already being done for conventional fuels. But those are three pretty big ‘ifs’.”
In June, figures from the British Geological Survey revealed that shale gas reserves located in the north of England alone might vastly exceed expectations. Meanwhile on Monday, Dutch bank Rabobank announced it would refuse loans to businesses involved in fracking because of the safety and environmental risks it carries.
Further reading:
UK shale gas reserves could exceed expectations
Dutch bank refuses loans to businesses involved in shale gas
Energy minister Michael Fallon: legislation will help ‘responsible’ fracking’
Too early to say’ whether fracking will reduce bills, say MPs
Fracking study ‘surprisingly blasé’ about impact of minor earth tremors
- Business10 months ago
How to Become an Environmentally Conscious Entrepreneur in 2024
- Features4 months ago
3 Ways an Outdoor Kitchen Can Make Your Home Eco-Friendly
- Features11 months ago
What Eco-Friendly Investors Should Know About Trading Silver
- Invest11 months ago
Should Eco-Friendly Investors Support Biotechnology Companies?