Five key questions about energy after Covid-19

The pandemic has seen carbon dioxide (CO2) emissions fall as fossil fuel use has collapsed. But will these changes be permanent?

But as demand for energy picks up once again, there are some large, unresolved questions about how we power our lives in the years to come. Many experts believe this is the moment to shift our power generation and transport system to sustainable, climate-friendly alternatives.

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Cuadrilla predicts no fracking in 2020 and looks to conventional prospects

statement from Cuadrilla’s Australian owners, A J Lucas Group Limited today, said:

“The business is actively engaged with other UK shale gas operators and the relevant authorities to provide them with sufficient confidence to allow the return of shale exploration activities under sensible parameters.

“Cuadrilla estimates a return to operations will not take place this calendar year.

“Cuadrilla is also reviewing opportunities within its extensive UK onshore licence acreage for ‘conventional’ oil and gas prospects that would not require hydraulic fracturing to appraise and produce.”

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RAG NEWSLETTER MAY2020

In this Newsletter
Cuadrilla – Elswick Generating Station Planning Application
Climate Listening Event
Opposition to Fracking is at a Record High
Share Price Disaster
Too Much Oil 
Cuadrilla ‘Misrepresented’ a Fault
Birth Defects linked to Fracking
Methane emissions
Fracking Could Disrupt Male Hormones
Other Sites
It’s Not a Hoax, Unfortunately

Quote of the Month


NEWSLETTER

 

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US oil prices plunged to their lowest level in more than two decades on Monday as the outlook for America’s shale industry worsened amid sharply lower demand during the coronavirus pandemic. With planes grounded, businesses closed and billions of people under lockdown conditions at home, demand for oil has dropped more precipitously than ever before.

West Texas Intermediate, the key US benchmark, dropped 41 per cent to as low as $10.77 (£8.50) amid fears that America’s oil storage capacity will fill up within weeks, forcing production to stop. Turning off production can be costly for oil producers, meaning they have kept pumping out crude, while refiners who split it into petrol and diesel, as well as the commodity’s other constituent parts, have cut back on activity.

As a result, storage capacity has filled up rapidly, particularly in the US where much of the industry is far from the sea and therefore reliant on pipelines and storage facilities. Some of the price decline has been passed on to drivers with petrol prices in the UK dipping to 11p a litre over the past month, but the AA said retailers had been slow to deliver the benefits.

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