Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

GMB Britain General Union : Government Renews Shale Gas Commitment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/17/2018 | 12:59pm CEST

Thursday, May 17, 2018

GMB WELCOMES GOVERNMENT'S RENEWED COMMITMENT TO SHALE GAS EXPLORATION

GMB supports serious and meaningful discussion on how shale gas should support the UK's short and medium term energy needs.

GMB, the energy union, has welcomed the Government's renewed commitment to shale gas exploration.

In a written ministerial statement published today, it states 'it is right to utilise our domestic gas resources to the maximum extent and exploring further the potential for onshore gas production from shale rock formations in the UK, where it is economically efficient, and where environment impacts are robustly regulated'. [1]

GMB welcomes the move as an opportunity to evaluate whether shale gas offers a safe and commercially viable future for the UK energy industry. [2]

Stuart Fegan, National Officer GMB, said:

'We welcome the written ministerial statement which confirmed the Government's commitment to exploring the potential of shale gas.'

'Shale gas production should be permitted, alongside the development of the UK's renewable and nuclear capacity, benefiting the security of our energy, the economy and the environment.'

'If, as it looks likely, shale exploration is going to happen, GMB will work with the industry and apply pressure to ensure the Industry is as safe as possible.'

ENDS

Contact: Contact: Stuart Fegan on 07912 890434 or GMB Press Office on 07958 156846 or at [email protected]

Notes to editors

[1] https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/707814/Shale_Prospectus.pdf

[2] National Grid has forecast up to 35 million pure electric vehicles will be on the roads by 2050 needing an extra 30 gigawatts of power - the equivalent of 10 Hinkley Point power stations.

http://www.gmb.org.uk/newsroom/electric-car-power

A separate National Grid Report says gas is fundamental to the UK's energy future, and it's not realistic to switch to electric heating on the scale required to reduce greenhouse gas emissions to 80 per cent of 1990 levels by the middle of this century.

It says a move to electric heating would require a seven-fold increase in the capacity of the grid to 290 gigawatts - emphasising the importance of gas and the need for our own independent supply.

http://www.gmb.org.uk/newsroom/national-grid-wake-up

During the 12 months from 7 March 2017, every one in 5.6 days was a low wind day (65 days in total) when the output of the installed and connected wind turbines in the UK produced less than 10% of their installed and connected capacity for more than half of the day

http://www.gmb.org.uk/www.gmb.org.uk/newsroom/low-wind-days

{LINK_TO_UNSUBSCRIBE}

Disclaimer

GMB - Britain's General Union published this content on 17 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2018 10:58:06 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
11:00aNATIONAL FARMERS' UNION OF SCOTLAND : Highland Regional Chairman's Blog 21 May 2018
PU
10:50aMINISTRY OF TRANSPORT AND COMMUNICATIONS OF RE : Minister Berner to International Transport Forum Summit in Leipzig
PU
10:46aStocks, oil and dollar rise as trade war put "on hold"
RE
10:46aStocks, oil and dollar rise as trade war put 'on hold'
RE
10:45aUFU ULSTER FARMERS' UNION : Livestock worrying now at record levels
PU
10:45aISE IRISH STOCK EXCHANGE : 2017 Financial Results
PU
10:45aICC INTERNATIONAL CHAMBER OF COMMERCE : What does cultural diversity mean to you?
PU
10:40aRussian "dirty money" flowing through London damages Britain - MPs
RE
10:35aWANNEROO CITY COUNCIL : Recycling Facility to take on scrap metal
PU
10:33aEM : Why Turkey and Argentina are the main emerging market weak links
RE
Latest news "Economy & Forex"
Advertisement