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‘Get cracking!’ Energy crisis lifeline as fracking could slash bills if given green light

  • August 26, 2022
  • Technology

This is the same month that the price cap is predicted to soar to an eye-watering £5,000, according to some forecasts.

Demanding a lifting of the ban could be part of officials’ “three winter” strategy to help families with skyrocketing energy prices between now and 2025, The Telegraph reports.

Francis Egan, chief executive of Cuadrilla Resources, has said that it is “baffling” that a fracking ban remains.

He said last week: “Importing shale gas contributes four times as much emissions as producing it locally, making a mockery of the planned reduction in ‘global’ emissions.

“There are trillions of cubic metres of shale gas under our feet, here in Britain, just waiting to be tapped into and used by British households.”

READ MORE: Shell Energy to refund tens of thousands of Britons for overcharging

Article source: https://www.express.co.uk/news/science/1660516/energy-crisis-fracking-bills-treasury-shale-gas-price-cap-liz-truss

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