Britain's Closure of Fracking Wells
Britain is closing its only remaining open fracking wells by pouring concrete into them, despite expanding imports of natural gas. This decision is part of the country's focus on green energy sources, leaving it vulnerable to international price shocks.
Key Points
- Britain closing its only remaining open fracking wells by pouring concrete into them
- Expansion of imports of natural gas from the US and elsewhere
- Country vulnerable to international price shocks due to focus on green energy sources
Pros
- Focus on green energy sources
- Reduced reliance on fossil fuels
Cons
- Vulnerability to international price shocks
- Loss of potential energy independence