Fracking
for shale gas in England – Transcript
Date:
23 October 2019
Our report on fracking for shale gas in England sets
out the facts about government’s plans to support shale gas development.
Hydraulic fracturing – or fracking for short – is used
to recover gas from shale rock more than 1 kilometre under the earth’s surface.
Government believes that shale gas could provide the
UK with greater energy security and potentially create 64,500 jobs and £33
billion in investment.
But,
the economic benefits are very uncertain, as government doesn’t know how much
shale gas can be extracted in the UK.
So far, shale gas development has cost taxpayers at
least £32.7 million. A large proportion of this has fallen to local authorities
and local police forces.
Progress has been slower than government anticipated.
In 2016, it expected up to 20 fracked wells by mid-2020, but only 3 have been
fracked to date.
Government says this is due, in part, to low public
acceptance, while operators point to the time it takes to gain permits and
planning permissions, and the regulations in place to protect against
earthquakes, which are stricter than in other countries.
Public concern has centred on the risks from
greenhouse gas emissions, groundwater pollution and earthquakes caused by
fracking. Government says it is confident it can manage these risks.
Operators are responsible for decommissioning shale
gas wells at the end of their life. If an operator is unable to pay for this,
Government has said that landowners may need to foot the bill.
However, our report finds that these arrangements are
unclear and untested. Government couldn’t tell us what would happen if neither
an operator or landowner could meet the costs.
To read the report, please visit
our website.