Index Investing News
Saturday, February 21, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Rishi Sunak Won’t Allow Fracking

by Index Investing News
October 27, 2022
in Opinion
Reading Time: 3 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter



Updated Oct. 27, 2022 7:06 pm ET

British Prime Minister Rishi Sunak



Photo:

Dan Kitwood/Getty Images

Rishi Sunak

began his tenure as British Prime Minister this week with a move that will warm

Vladimir Putin’s

heart: reversing predecessor

Liz Truss’s

tentative push for more fracking for domestic natural gas.

In his first appearance in Parliament as PM on Wednesday, Mr. Sunak said he’s going to stick with his Conservative Party’s 2019 campaign promise to maintain a ban on hydraulic fracturing technology to drill for gas under the English countryside. The world has changed since 2019, not least with Russia’s energy blackmail and soaring costs, and Ms. Truss wanted to lift the fracking ban if local communities agreed.

Fracking divides the Tory coalition because so many of the party’s rank and file hail from the genteel countryside. Former Prime Minister

David Cameron

tried but failed to permit fracking, and

Boris Johnson

eventually banned it. For all her mistakes, Ms. Truss recognized this made the country vulnerable as global gas-price spikes feed through to calamitous increases in household and commercial energy costs.

Mr. Sunak also supported fracking during his failed leadership bid against Ms. Truss over the summer. But now that he’s succeeded her as PM, he is hanging on the fantasy that renewables and nuclear power can meet all of Britain’s energy needs. Mr. Johnson deserves credit for trying to jump-start nuclear, but those projects are years from completion and many households and businesses are set up to burn gas anyway. The battery technology doesn’t currently exist to power an advanced industrial economy on wind and solar.

Without natural gas, or a credible plan to produce more of it, Mr. Sunak’s energy strategy is no strategy at all. His agenda of tax increases and European-style regulation already foretells a low-growth Britain. Under his energy policies, Britain could be colder and darker, too.

With Liz Truss’s resignation as Prime Minister, Britain’s Tories show they have failed to learn from their economic failures. Images: Reuters/EPA/Shutterstock Composite: Mark Kelly

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link

Tags: FrackingRishiSunakwont
ShareTweetShareShare
Previous Post

China remains top threat to US – Pentagon — RT World News

Next Post

VRTX with a best and raise. : stocks

Related Posts

An UNBELIEVABLY Dark Agenda (Video) – FREEDOMBUNKER

An UNBELIEVABLY Dark Agenda (Video) – FREEDOMBUNKER

by Index Investing News
February 20, 2026
0

Child sex trafficker Jeffrey Epstein worked with the highest academics in the world to explore transhumanism, “designer babies,” eugenics, genetic...

Trump wouldn’t survive an HR review –
Las Vegas Sun News

Trump wouldn’t survive an HR review – Las Vegas Sun News

by Index Investing News
February 16, 2026
0

Monday, Feb. 16, 2026 | 2 a.m. I can’t recall another time when my grown kids have called their mom...

Africa’s agricultural future depends on using global research better — not reinventing it

Africa’s agricultural future depends on using global research better — not reinventing it

by Index Investing News
February 12, 2026
0

South Africa and the rest of the African continent face a familiar paradox. Agriculture remains central to food security, employment...

Tim Walz emerges from den to declare 6 more weeks of rioting and fraud

Tim Walz emerges from den to declare 6 more weeks of rioting and fraud

by Index Investing News
February 4, 2026
0

Every week, The Post will bring you our picks of the best one-liners and stories from satirical site the Babylon...

Reimagining the budget to reinvigorate reforms

Reimagining the budget to reinvigorate reforms

by Index Investing News
January 31, 2026
0

Newsrooms and budgets have a complicated relationship where the urgency of the present often has to confront the almost mundane...

Next Post
VRTX with a best and raise. : stocks

VRTX with a best and raise. : stocks

Naples, Florida – Market Update for October '22

Naples, Florida - Market Update for October '22

RECOMMENDED

How Steve McMichael’s superb profession nearly did not occur

How Steve McMichael’s superb profession nearly did not occur

April 24, 2025
Will the Advanced Emissions Solutions rebound continue?

Will the Advanced Emissions Solutions rebound continue?

July 24, 2023
Passion to feed a healthier Gambia — Global Issues

Passion to feed a healthier Gambia — Global Issues

April 8, 2023
China’s soaring Covid-19 infections push economic activity off a cliff

China’s soaring Covid-19 infections push economic activity off a cliff

December 23, 2022
Extra Return Profiles for Shares Bought by Fairness Managers

Extra Return Profiles for Shares Bought by Fairness Managers

May 30, 2025
Large first half helps No. 12 Baylor blast Tarleton State by 63 factors

Large first half helps No. 12 Baylor blast Tarleton State by 63 factors

November 18, 2024
Credit Suisse Eyes Outside Money for Investment Bank Spinoff

Credit Suisse Eyes Outside Money for Investment Bank Spinoff

October 6, 2022
Marginalized college students pay the worth of navy recruitment efforts

Marginalized college students pay the worth of navy recruitment efforts

April 24, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In