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Rishi Sunak’s anti-fracking gift to Vladimir Putin

Robert Bryce comments in The Hill on Rishi Sunak’s decision to ban fracking in the UK.

The C3 Take
  • The decision to ban fracking will hurt the UK’s energy security now and in the future, as they will be forced to rely on other nations to meet their energy needs.
  • An “everything but” fossil fuels energy policy has led to England having the highest utility costs in Europe.
  • Natural gas can play a pivotal role in reaching climate goals and was a catalyst for America’s emissions reductions.
  • Rishi Sunak can provide energy and economic relief to consumers by unleashing the production of all energy sources.

“If there’s one lesson to be learned from Russia’s invasion of Ukraine, it’s this: Depending too heavily on other countries for your energy can leave you and your citizens stranded during times of crisis. That’s exactly what is happening today in Britain, which has the dubious designation of having the highest electricity prices in Europe. Residential consumers in Britain are paying about 64 Euro cents per kilowatt-hour — about two times the average in the European Union.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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