Policy & Governance

Yearly Oil and Gas Permits to incluede Mandatory Net zero Pledge

The UK government aims to annually issue licenses for North Sea oil and gas projects, departing from the current practice. Projects must meet net-zero targets, with ministers asserting the policy will enhance energy security. Greenpeace plans to challenge new licenses in court, emphasizing renewable energy investment. Labour opposes, advocating for renewables.

 

Reference: BBC

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