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Eco Facts No8

Eco Facts No8

Here is another Eco Fact designed to create a more balanced debate on the environment.

Eco Facts 7

UK Gas creates 21 kgCo2/boe.

Imported Gas creates 79 kgCo2/boe 

(276% more Co2) 

 

 

Points to discuss

It's easy with all the media coverage that organisations like #juststopoil peddle that UK oil and gas extraction is bad for the environment but it fails to acknowledge five key points.

  1. The environmental impact from UK extraction is small when compared to importing gas and oil.
  2. UK extractions have a world leading set of environmental standards that aren't mirrored around the world, so the 276% is assuming similar extraction standards but the real figure may be many times more.
  3. The inconvenient fact, whether we choose to accept it , oil and gas extraction is with us for at least 2 to 3 decades, the world is working towards reducing their usage but in reality they are an important part of the energy mix for the short term future.
  4. A large part of our imported oil and gas comes from countries with horrendous human rights records and we are funding these regimes.
  5. Currently the UK gas and oil industry creates 200,000 well paid jobs and over £200b to the UK economy,  and this could be and should be far higher if more extraction licences were approved.
Emissions Intensity Comparison Of Ukcs Gas Production And Imported Lng And Pipelined Gas V2

Research

https://www.nstauthority.co.uk/media/5tib5x4n/nsta-gas-import-fact-sheet.pdf

https://oeuk.org.uk/manifesto/

 

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