The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
By Tom Murray
As the Trump administration rolls back environmental protections that could harm human health for decades, it's increasingly up to businesses to lead the way, charting the course to a future that includes both a thriving economy and a thriving planet.
Leading the way requires first setting ambitious, public targets like the more than 340 companies taking science-based climate action and 90 that have approved science-based targets; collaborating with partners across the value chain for maximum scale and impact—Walmart's Project Gigaton, a collaborative effort to reduce 1 billion tons for emissions, is a powerful example; and, supporting smart climate and energy policy
According to Greenpeace research almost two-thirds of England has been earmarked for potential fracking, and local opposition, particularly in Conservative constituencies, is expected to be fierce. Local hostility in Balcombe, West Sussex is already delaying the fracking process, with the Campaign to Protect Rural England warning of a massive backlash if large areas of countryside are "transformed into industrial sites."
Commenting on today’s announcement, Lawrence Carter, energy campaigner at Greenpeace, said:
The idea that shale gas is going to get the economy moving again is groundless. There’s a huge difference between the amount of gas in the ground and how much fracking companies will be able to commercially extract. Even if they do manage to get some gas out, the fracking industry’s own research reveals that production wouldn’t reach meaningful levels until well into the next decade. If shale is the answer to Britain’s economic malaise then the Chancellor is asking the wrong question.
Analysts from energy regulator Ofgem, Deutsche Bank and Energy UK are lining up to say that UK shale gas won’t bring down bills for households or businesses. Even the company with the biggest stake in Lancashire shale gas, Cuadrilla, privately admits that it won’t reduce energy prices. It’s alarming that the Chancellor is staking his growth strategy on an industry that doesn’t buy his hype.
Last month Greenpeace recorded a senior member of Cuadrilla, the company planning to drill in Lancashire, saying the impact of fracking on energy bills would be “basically insignificant.” Speaking at a drop in session for concerned residents in Balcombe, West Sussex, the spokesman said the media had over-hyped some issues around fracking, but that others were very valid and that locals in Lancashire were right to be concerned about “well integrity” and increased traffic.
Polling in the Chancellor’s Tatton constituency revealed a majority are opposed to fracking, with widespread concern about noise, disruption, falling house prices and earth tremors. Even more interestingly, 12 percent of those who voted Tory at the last election said they’d be less likely to do so again should fracking get the go ahead.
Responding to the government's proposed financial package to communities affected by fracking, Lawrence Carter said, "Whilst communities should receive benefits from local energy development, a cash package won’t alleviate concerns about fracking's impact on water supply and house prices."
Visit EcoWatch’s FRACKING page for more related news on this topic.