Tuesday, 3 June 2014

Energy Resource Black Hole

A recent report from the Global Sustainability Institute at Anglia Ruskin University paints a bleak picture for the UK's natural energy resources. It suggests that the UK reserves are just 5.2 years of oil, 4.2 years of coal and 3 years of gas. Not-with-standing the fact that the odd pinch of salt is required when reviewing these figures they should, none-the-less be concentrating policy makers' minds. The thought of increasing reliance on the likes of Russia and Qatar is not a pleasant one.