World resources of coal, oil and gas are reducing as countries, including the UK, have prematurely shut down existing reliable traditional supplies, depending increasingly upon the unreliable resources of wind and sun.
It is all very well wishing to be seen to be leading the way towards greenness, but the consequences are becoming increasingly evident that we are heading into a world which short term, does not have secure reliable energy supplies.
The lights really will go out, transport systems will grind to a halt, communications become fragmented, and all because politicians and environmentalist remain stubbornly set on the path to net zero, years before it is realistically achievable.
So, should we continue along this dodgy trajectory whilst buying in super expensive energy from Saudi Arabia, Russia, and the USA? Joe Biden known to be left-leaning and climate friendly, is about to approve the Willow Project, a vast new fossil-fuel development in Alaska. As Matthew Lynn said in his Sunday Telegraph column, “He has decided the US and the world, still needs oil.”
The UK has the resources to be self-sufficient to keep the country moving and operating for years to come. But by wanting to be seen to be ‘doing the right thing’, but to hell with the consequences, politicians have decided not to listen to those within the industry who have warned the technology and capability are not yet in place.
The UK has an abundance of oil and coal, and enough shale gas for decades. Surely energy production should start at home; why spend millions on importing when a gradual reduction supports British jobs for British energy. Last week the national grid called on the remaining power stations to stand-by as temperatures dropped.
Huge strides are being made through research and development by companies such as JCB Power Systems which invested £110 million in the project to produce super-efficient hydrogen engines. 50 JCB combustion engines have already come off the production line. However, scientists are already warning that future drought conditions could seriously hamper this water hungry technology.
The Argonne National Laboratory in the US has, according to Ambrose Evans-Pritchard, cracked the battery technology for electric vehicles, having discovered a way to raise the future driving range of standard EV’s to a thousand miles or more relatively cheaply without exhausting the global supply of critical minerals. Their lab experiment using a lithium-air variant, has a high enough density to power trucks, tractors, trains, and possibly mid-haul aircraft. This however is some way off in the future.