In recent weeks there has been a raft of research findings and reports belittling and rubbishing Scotland’s attempts to move beyond our reliance on fossil fuels. “Targets unachievable”, “payments to stop producing energy”,” having to switch off wind turbines in the storm force winds of 8th Dec” have been used to undermine the development of a more sustainable and low carbon renewable energy supply. Not often do you hear comment about the vagaries of our traditional high carbon fossil fuel use.
Well have a look at this for a touch of fossil fuel reality. According to this Bloomberg article oil prices have risen by nearly 3% because of rumours Iran would like to hold military manoeuvres which may have an impact on a main shipping channel. Iran has denied these rumours.
So future oil prices in January will be higher because of a rumour in the west that a Middle East country may undertake some activity, which it has denied it will do. Will we see research reports, think tank findings or organisation announcements about our traditional high carbon energy supply subjected to such price and supply uncertainty? Don’t hold your breath.