Monday, 31 July 2023

A Nice Little Sweetener?

The UK's PM has announced money for two carbon capture establishments (one in Scotland and one on the Humber). Concomitantly, he unnecessarily helicoptered to Aberdeen, to announce granting 100 new licences for the North Sea's Rosebank oil/gas deposits. Some people seem convinced that this is 'good news' (https://www.theguardian.com/commentisfree/2023/jul/31/rishi-sunak-carbon-capture-party-politics-climate-crisis-co2). They apparently believe that funding carbon capture, illustrates the PM's continued commitment to pledges of carbon zero. They also seem impressed by the government's claim that the Rosebank licences, will make the UK's energy supply 'more secure'. Local oil for local folk? Petrochemicals don't work this way. Any extracted oil and gas will flow to the International market. Folk in the UK, are not going to get it cheaper or more reliably, because it's produced nearer home. Carbon capture, at scale, is still in its infancy, so the two projects, even if they work, have no chance of counterbalancing the extra 'greenhouse gas' emissions, produced by extracting and burning the Rosebank deposits. It's actually more money to big oil! How easily people seem to be conned. Just keep repeating the 'energy security' mantra and appear to throw a meaningless sop to the climate-concerned.

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