Prematurely phase out coal, fail to build new nuclear power stations, destroy investor confidence in the North Sea, ban shale gas, shrink the Royal Navy because you assume that freedom of navigation and the security of global sea lanes can be taken for granted, increase our reliance on China and European energy markets, and make the weather the organising principle of our power system. But let's pretend Britain is totally powerless to take control of its own destiny and that our energy security is entirely at the mercy of foreign dictators.
The only reason we have to go along with this charade is because policymakers and the media are unwilling to admit to the public that they failed to understand the trade-offs involved in the so-called "energy transition". What they never told voters was that they were attempting something unprecedented in the history of energy, which has overwhelmingly been a story of ADDITION rather than substitution.
Now that the wheels are finally coming off because of events, we are expected to pretend that our energy insecurity is the result of hostile amorphous external forces rather than the entirely foreseeable consequences of idealistic decisions made by our own political leaders. As with so many other grand political projects and ideological assumptions of the post-Cold War period, Net Zero is heading for the same reckoning with reality.
The new gas field isn’t going to bring down your bills.
Gas is bought & sold globally, so the reality is, fossil fuels controlled by dictators have Britain in a chokehold til we fully embrace gas-free driving & heating and cut the link between electricity and gas.
BUT, fwiw, getting gas locally is still the right move while we’re transitioning off it. It’s a bit cleaner and brings jobs and tax revenue to Britain.