Shale Gas Extraction Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Ian Lavery
Main Page: Ian Lavery (Labour - Blyth and Ashington)Department Debates - View all Ian Lavery's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 2 months ago)
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Mr Rees-Mogg
Except that thermal energy has no seismic limit on it, whereas there was a 0.5 limit on shale gas, which made it almost impossible. That was a policy that was designed to stop any shale gas being extracted.
Ian Lavery (Wansbeck) (Lab)
Can the Secretary of State confirm what recoverable reserves of shale gas we have here in the UK? What percentage of global or even national demand would that shale gas be likely to meet, and what impact would that have on the global price of natural gas?
Mr Rees-Mogg
We need to get on with the exploration and the test drilling to see how realistic the forecasts are. A report in 2012 set out the potential for shale gas, which is very large, but the question that the hon. Member raises—how much of that will be realistically extractable?—is the right one, and it requires drilling to take place to find out.