Will fracking help keep UK energy costs down? Government lifts 2019 ban

Mr Rees-Mogg broadened the pledge to include energy security while defending the Government’s decision to repeal the ban in the House of Commons today.

Speaking from the chamber, he said: “In light of Putin’s illegal invasion of Ukraine and weaponisation of energy, strengthening our energy security is an absolute priority, and – as the Prime Minister said – we are going to ensure the UK is a net energy exporter by 2040.

“To get there, we will need to explore all avenues available to us through solar, wind, oil and gas production – so it’s right that we’ve lifted the pause to realise any potential sources of domestic gas.”

While the Government hopes it can attain UK energy efficiency, some industry experts don’t believe fracking will meet demand and produce a reasonable substitute for imports.