Ministers have approved a gas field that will create 27 jobs, while heat pump grants face the axe in next week’s budget. They are backing the wrong horse.
Gas is in terminal decline in British homes, and today’s decision to approve the Jackdaw gas field will not change that. Every year, more developers and families choose clean electric heating over a gas boiler. My own home is one of them: it no longer burns any gas, thanks in part to the £7,500 Boiler Upgrade Scheme.
That scheme is now under threat. With Whitehall hunting for savings to fund defence ahead of next week’s budget, heat pump grants are reportedly on the table. So in the space of a week, the government could back a new gas field and cut the support that helps families leave gas behind. That is exactly the wrong way round.
Look at what Jackdaw actually offers. Over its lifetime, it would produce around 2 months of UK gas demand, a sliver of what the country burns. Its developers say it will create just 27 full-time jobs. And it will not bring down bills. North Sea gas is sold at international prices, so British households will keep paying whatever the global market demands.
What Jackdaw does do is tell investors that gas is still a safe bet. That is the last message they should be hearing. We need every pound of capital flowing into wind, solar, nuclear and the grid connections that bring cheaper, cleaner power to all of us.
There is a better use for what is left under the North Sea: leave it there. Gas is not just a fuel. It is also the raw material for the fertiliser that grows our food, and there may be times ahead when we need it far more than we do today. Keeping our remaining reserves as a strategic store would give future generations a buffer in a crisis, instead of burning it now for a short-term return.
In the meantime, we can import cleaner gas. According to the regulator’s own figures, pipeline gas from Norway is produced with less than a third of the emissions of Britain’s North Sea output.