fracking is big energy and we have to buy it off big companies, that’s a good model for the established players. Often donors to plotical parties.
Renewables are far more able to be decentralised – solar, ground and air source heat can all be done in our own homes and we then own them, dont have to buy anything off established players and can even sell our excess back into the grid and compete with them. Thats terrifying for the estblished players. Germany has a very high percentage of decentralised community owned power, our industry is being held back, e.g. huge renewable energy subsidy cuts at the last election.
Having said that one of the justifications for fracking is not for energy but as a feedstock for the chemical, plastics and pharmaceuticals industry. You can’t make that stuff out of solar so we do need fossil fuels its just they are far to valuble to burn.
Also, the geological evidence seems very flaky that fracking is going to work in our country. The number of places that are estimated to have the right rocks is very small, the certainty about how much can be got out is very low. It sometimes feels like a huge investment bubble to me.