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Liz Truss LIFTS ban on fracking despite fears it could cause earthquakes

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Liz Truss prepared for another battle with environmental groups and green Tories today when she confirmed she was lifting Boris Johnson’s fracking ban.

The prime minister told MPs that the moratorium in place since 2019 will be lifted in areas where local communities support the technology.

Fracking firms are considering offering a 25 percent discount on bills if local residents agree to allow new drilling near their homes.

However, it remains to be seen how many people will welcome a process associated with earthquakes.

The technology sees water and gases pumped under high pressure into gas and oil-rich seams to break them open and extract the mineral wealth.

Ms Truss told the Commons: “We will end the moratorium on mining our huge shale reserves, which could get the gas flowing within six months, if there is local support for it.”

The prime minister told MPs that the moratorium in place since 2019 will be lifted in areas where local communities support the technology.

Fracking firms are considering offering a 25 percent discount on bills if local residents agree to allow new drilling near their homes.

Fracking firms are considering offering a 25 percent discount on bills if local residents agree to allow new drilling near their homes.

Parliament's All-Party Environment Group, chaired by former Tory minister Chris Skidmore - who baked Liz Truss in the Tory leadership campaign - has written to the prime minister again to commit her to reaching net zero by 2050, using renewable energy and insulate more British homes to lower bills permanently.

Parliament’s All-Party Environment Group, chaired by former Tory minister Chris Skidmore – who baked Liz Truss in the Tory leadership campaign – has written to the prime minister again to commit her to reaching net zero by 2050, using renewable energy and insulate more British homes to lower bills permanently.

Labor has condemned the idea – pointing out that many potential locations are in fringe seats of Tory MPs.

The technique is widely used in the US, a country with wide open spaces.

But some senior conservatives fear that fracking is unsuitable for a country as densely populated as the UK.

Labor leader Keir Starmer said: “The Prime Minister rightly recognizes that immediate support must be combined with longer-term action. But I’m afraid fracking and a splash of gas in the North Sea won’t lower the bills. Nor will they enhance our energy security.

“But they will ride a carriage and horses through our efforts to combat the looming climate crisis… but she should listen to her own chancellor sitting next to her.

“What did he have to say about fracking a few months ago? This is a long quote and I’ve tried to shorten it, but every sentence is worth repeating. His words.

“Those asking for returns misunderstand the situation we are in…if we lifted the fracking moratorium, it would take up to ten years to extract sufficient volumes – and that would be a huge cost to communities and our precious resources.” country.

Second, no amount of shale gas from hundreds of wells across rural England would be enough to lower the European price in the short term. And with the best will in the world, private companies will not sell the shale gas they produce to UK consumers below market price. They are not charities.”

Kwasi Kwarteng – now Chancellor – was skeptical about the speed and magnitude of the impact on gas prices when he was business secretary.

In March he wrote in The Mail on Sunday: ‘Even if we lifted the fracking moratorium tomorrow, it would take ten years to extract sufficient volumes – and that would be a huge cost to communities and our precious countryside.’

But Leveling Up Secretary Simon Clarke said today: “If we want enough energy, we have to look at every source, including obviously new nuclear, more renewables, but we also want to look at technologies like fracking.”

And Francis Egan, the director of fracking company Cuadrilla, said: “I am very pleased that the new government has acted quickly to lift the moratorium.

“This is a completely sensible decision and recognizes that maximizing the UK’s domestic energy supply is vital if we are to overcome the ongoing energy crisis and reduce the risk of it recurring in the future.

Recent months have highlighted the risks associated with the ever-increasing reliance on expensive, uncertain and higher emissions gas imports. Without the strong measures set out today, the UK could import more than two-thirds of its gas by the end of the decade, exposing the UK public and businesses to further risk of supply shortages and price hikes.”

Parliament’s All-Party Environment Group, chaired by former Tory minister Chris Skidmore – who baked Liz Truss in the Tory leadership campaign – has written to the prime minister again to commit her to reaching net zero by 2050, using renewable energy and insulate more British homes to lower bills permanently.

On Thursday and Friday, Mr Skidmore will visit sites in the North West including a decarbonisation site in Liverpool, an energy efficient housing project in Salford and a peat recovery project in Oldham.

The former energy secretary’s ‘net zero’ tour had been planned for months, and Mr Skidmore told the PA news agency in May that he planned to embark on a ‘Rolling Thunder’ tour to address ‘populist’ opposition to net zero.

Ms Truss told MPs that Mr Skidmore would lead a new assessment to ensure Net Zero can be achieved in a business-friendly manner.

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