RE: Very interesting re China22 Mar 2022 10:21
Once net zero is put on hold, at least, and the reality for the need for hydrocarbons is accepted whilst a much more realistic timescale conversion from hydrocarbons is accepted, expect a great deal of micro local drilling. There are quite significant reserves all over Europe but the production cale considered too small. Big huge connected fields have been the play for convenience. However, drilling technology and aor improvements in clean production methodology mean hundreds of wells can be set up with hardly any local impact. Farm structures are far more prominent on the landscape and there is no smell. Nodding donkey's and glowing flare stacks are a thing of the past. The main problem is regulation, activist opposition and they hysterical climate change agenda. If this Russia oil issue does not wake up UK and EU to radical policy changes then then the continent is screwed. Net zero must be suspended immediately. Better still abandon the policy altogether. It is an economic suicide policy.