Folowing our comments on Tuesday about the potential of shale gas outlined by Professor Dieter Helm, the Adam Smith Institute has published an even better case for exploiting the apparently limitless supply of the stuff lying off the coast of north-west England. ASI says Europe is going hell for leather for very expensive green renewables with coal backup while China and America are seeing the light on shale. Russia, it says, is worried about the future of its natural gas when demand is reduced;that pipeline coming across Europe wouldn't be able to hold us to ransom. And, most interestingly, Beijing solved its smog problem (remember the last Olympics?) by runing its buses on extracted shale gas. Once again there are vested interests at work here and Energy Secretary Chris Huhne appears to be digging his heels in. What sort of agenda it it that chooses to force up energy bills, pushing people into fual poverty and making choices between heating and eating, when we could all benefit from being warm though the winter? |



