Burnham defends Jackdaw decision as Badenoch urges PM to overturn ban on new oil and gas licences
Summary
The UK government has approved gas production from the Jackdaw gas field in the North Sea, which could supply gas to about 1.4 million homes starting this month. The government also announced a new energy wealth fund to support renewable and low-carbon energy projects, while debates continue about the environmental impact and energy policy.Key Facts
- Jackdaw gas field is about 150 miles east of Aberdeen and operated by a partnership of Shell and Equinor.
- Gas from Jackdaw will make up about 6% of UK gas production and about 2% of total UK gas demand including imports.
- Gas will be processed at the Shearwater platform and sent to the St Fergus terminal in Aberdeenshire.
- Production from Jackdaw could last about 11 years, supporting jobs and adding £2.9 billion to the economy.
- An energy wealth fund with £2 billion in initial funding will invest tax revenue from oil and gas into renewable and low-carbon energy.
- Energy Secretary Miatta Fahnbulleh said Jackdaw gas will not lower energy bills this winter but will reduce use of higher emission imports.
- Conservative leader Kemi Badenoch wants to lift the ban on new oil and gas licenses, criticizing delays in approving Jackdaw.
- Scottish leaders want energy benefits to help local communities and focus on renewable energy projects in Scotland.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
