"The government remains committed to achieving our zero emissions targets, but as Russia uses energy as a weapon across Europe, we must ensure we do so in a way that improves energy security and does not place an undue burden on businesses or consumers," said Secretary of State for Business and Energy Jacob Rees-Mogg.Thus, the new UK government has recently taken steps to maximize the potential of domestic oil and gas production to reduce dependence on imports. In England, in particular, the moratorium on shale gas production was lifted in order to increase domestic energy production. The UK government has also confirmed its support for a new round of North Sea oil and gas licensing, which is expected to lead to more than 100 new licences.
"To achieve this we will need to explore all the avenues available to us for solar, wind, oil and gas, so it is right that we have taken a pause to pursue any potential sources of domestic gas," Rees-Mogg commented on the cancellation pauses in shale gas production.Earlier, EcoPolitic wrote, that the government of Great Britain developed an energy security strategy with the aim of independence of the country from the supply of fuel and energy carriers. As EcoPolitic previously reported, the EU wants to receive €140 billion from the account 33% tax on excess profits of energy companies for fiscal year 2022 and direct these funds to support households and businesses.
