I’m ok with this with the provision that these licences are ONLY issued to a UK nationalised energy company specifically set up to fund the green transition.
Since this is the conservative party, the chance of that is nill.
PM announces 100 new licences, claiming UK fossil fuel projects key to meeting net zero aim
Ah yes, how would they achieve net zero without fossil fuels??
*waves hands Infront of face*
Magic!
As the other guy said: we can’t. We still need oil to set up the infrastructure needed for a net-zero future, which means we’re still forced to use oil for a while longer.
That doesn’t mean we should give out new licenses
Depends. Will this save on all the oil wasted to ship new oil into the UK?
The point is to replace it in any case
Well we’re not quite where we can replace it, and won’t be for a while. Keep in mind that oil isn’t just burnt for transportation, we use it to make plastics too. And steel. And a ton of other shit.
How do you make steel for wind turbines without fossil fuels? How do you build a nuclear power station without fossil fuels? How do you replace all the petrol and diesel cars in the country with electric ones, without using fossil fuels? Where is all the electricity going to come from? It’s complicated.
100?! What is wrong with these people?
I’d like to take the time to remind everyone we only have like 47 years of known oil reserves anyway.
If we keep on at this rate, no one will want to live in the future of 47 years.
Oil will become prohibitively expensive at least a decade before reserves start running dry, so we’ll be driven to net zero before that anyway.
It is already an expensive fuel compared to renewables.
And it’ll only get more expensive. Eventually, not using renewables will be too expensive to ignore.
How about we send actual wrecking balls through the oil rigs instead?
Considering that a LOT of gas in the UK came here by boat from the middle east, then, yes, this is actually a good thing.
Don’t get me wrong, we need to get to NetZero, but the plastic parts on your electric car are made from oil…