The UK has announced plans to become a net energy exporter by 2040. This includes lifting the 2019 ban on hydraulic fracturing in unconventional shale plays in England and offering 100 new North Sea exploration licenses. The government suggested shale gas production could start within six months if local communities support development. The announcements came as part of a broader response to the UK’s energy crisis, which included price caps and a reaffirmation of the UK’s adherence to the Paris Agreement. The government remains committed to the 2050 net zero target – though the plan for achieving this will be ... (full story)