COLUMN: May's Government Must Ensure Fracking Stays Safe in the UK

Just over a week ago, new UK Prime Minister Theresa May sent a strong signal that her government is very keen to develop a shale gas industry in the country.
In a move that would in recent past been left to Her Majesty's Treasury or the Department of Energy and Climate Change (the demise of which was announced by May soon after she became PM), Number 10 Downing Street issued a statement that a portion of profits from shale gas drilling must go directly to households in the vicinity of such drilling.

Former Prime Minister David Cameron's government had talked more vaguely about "local communities" receiving a share in profits from a proposed Shale Wealth Fund, but recent media reports suggest that the new plan would end up seeing families living near shale gas fracking sites receive five-figure sums. Clearly May believes – as I did back in January 2015 – hard cash in the back pockets of people who may have concerns about shale gas drilling near their homes will speak better to them than rhetoric about the future energy security of Britain or promises of funds for new community facilities.
The Brexit vote that led to May's appointment as Prime Minister has had some economists forecast doom for plenty of industries in the UK. Yet a UK shale gas industry could end up supporting some 30,000 full-time jobs directly involved with the activity as well as tens of thousands more in associated sectors, according to estimates. So, as an unintended consequence of Brexit, it isn’t as bad of a result from an economic perspective.
However, shale gas is a controversial activity and the naysayers are highly unlikely to go away. Over the past few years, Rigzone has talked to several people directly concerned with the industry: not just the fracking companies themselves but also Greenpeace and Friends of the Earth. Both of those environmental organizations are ideologically opposed to the production of hydrocarbons in whatever form they exist but even Greenpeace's Chief Scientist, Dr. Doug Parr, conceded in an interview with me more than four years ago that drilling for shale gas can be done "perfectly safely". His concern, though, was whether it will be. Back in March 2012, the Environment Agency saw cuts to its staff and now that the Department of Energy and Climate Change has been scrapped, one does wonder how the government intends to oversee shale gas production so that it is performed with minimal danger to the public and the local environment.
May's move to give cash directly to households could prove a masterstroke (incidentally, Greenpeace's Parr doesn't think so and pointed out in a recent statement that "public opposition has soared and support for shale has tanked"). Whatever the case, any major environmental incident brought about in the UK by fracking would likely stop the industry dead in its tracks. So, it behoves May's new government that fracking operations continue to be very closely monitored as the activity expands.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ITEM Club: More Jobs Losses Expected in NE Scotland due to Oil Slump
- Shell Q&A: What Makes an Ideal Employer in Oil, Gas?
- Shell Takes First Place in Rigzone's Inaugural Ideal Employer Survey
- UK Government 'Must Recommit' to Oil, Gas Sector in Autumn Statement
- UK Government Gives Go-Ahead for Fracking in NW England
- Shell CEO Says World 'Desperately In Need' Of Natural Gas
- Fate Of $8Bn Alaska Oil Project To Be Resolved In Next 30 Days
- Gov't Tampering Puts Australian Gas Market In Unenviable Position
- Texas Power Outages Increase As Ice Storm Persists
- Shell's Record Earnings Draw Angry Reactions
- Oil And Gas Firms Need To Accelerate Shift To Low Carbon Energy
- Oil Posts Second Weekly Loss as Stockpiles Swell
- OPEC+ Exports Show Russia Surges While Saudi Arabia Dials Back
- Capricorn Reshapes Its Board of Directors
- Lukoil Hits 50 Million Tons Of Hydrocarbon Production In Caspian Sea
- New SPR Bill Passes House
- What Bad Habits Should Oil and Gas Jobseekers Avoid?
- Biden To Support ConocoPhillips Alaska Oil Project, Defying Greens
- USA Drops 3 Gulf of Mexico Rigs
- USA Oil and Gas Employs Almost 1 Million in 2022
- Energy Services Sector Will Grow To $1 trillion In 2025
- Shell CEO Says World 'Desperately In Need' Of Natural Gas
- Shell Makes Host of Company Changes
- New Discoveries Make 2022 Highest Value Year In Over A Decade
- Winter Storm Mara Update
- Valaris Employee Reported Missing from Rig
- Gasoline and Diesel Prices Expected to Fall
- Is the USA Shale Boom Over?
- New SPR Bill Passes House
- Higher Oil Prices Have Not Led to More Exploration
- Shell Finds Gas In Pensacola High-Impact Well Off UK
- Iran Oil Gushes Into Global Market
- Will Oil Hit $100 Per Barrel in 2023?
- Eni, Chevron Make Significant Gas Discovery Off Egypt
- What Bad Habits Should Oil and Gas Jobseekers Avoid?