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Is the future gas?

With rising oil prices and a backlash against nuclear, we need new sources of power

By Prospect   August 2011

Britain should look to gas to replace much of its old power stations in the next decade. That was the clearest line of agreement—although not a consensus—from the Prospect energy roundtable held on 15th June with Chris Huhne, secretary of state for energy and climate change.

There were two reasons for holding the roundtable: the uncertainty which the Arab Spring injected into oil and gas supplies from the Middle East and North Africa, and the meltdown of the Fukushima nuclear reactor in Japan, after the 11th March earthquake and tsunami. Both had jolted energy planning in government and companies, in…

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