Liz Truss is expected to lift the ban on fracking as she sets out measures to shield households and businesses from soaring energy bills. Downing Street has indicated Ms Truss will end the moratorium on fracking – the process of extracting shale gas by fracturing rocks with high-pressure water. He told BBC Radio 4’s Today programme that it was wrong for Ms Truss to suggest a windfall tax would damage investment in the energy industry. “This has only made clearer that we must boost our long-term energy security and supply,” Ms Truss said. Ms Truss will open a debate on energy costs but, unlike a formal ministerial statement, this will not result in sustained questioning from MPs about the move.

Source: The Times September 08, 2022 21:32 UTC