Energy and Environment

Start drilling to protect against supply-side disruptions

Andy Mayer quoted in City AM

Andy Mayer, IEA Energy Analyst, has been quoted in City AM calling on the government to boost the UK’s domestic production of oil and gas to counter-balance supply-side disruptions on the Continent. Andy’s comments come in the wake of Norwegian oil and gas workers going on strike.

Andy commented:

“Instead of encouraging domestic production as a hedge against these extreme but predictable risks, the UK is still dithering on lifting the ban on fracking, tinkering with expensive new climate regulations on the North Sea, and discouraging investment with a windfall tax. This behaviour is extremely dangerous. By prioritising net zero virtue signalling, the government risks imminent dangers to our domestic security, health, and prosperity today.”

Read the full article here.