Under pressure Chancellor Rachel Reeves has pledged support to the oil and gas sector through the planned North Sea strategy.
Chancellor Rachel Reeves announced the upcoming North Sea strategy will be published before the Autumn Budget.
In her speech at the Labour Party conference she highlighted that “I talked about homegrown energy, and that is renewables, but it is also in the North Sea as well” before adding she is “not a zealot of green energy”.
Meanwhile, energy secretary Ed Miliband is gearing up to use his speech on Wednesday to attack a “global network of right-wing billionaires” looking to stop net zero developments, and push for unity across the clean energy sector.
“We are going to be reliant on oil and gas for many years to come,” Reeves added, citing a preference to use oil and gas from the UK rather than importing from overseas.
“I am really committed to boosting our energy security, because increasingly energy security is national security, so investing in homegrown energy is really important,” she added.
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Article continues at https://www.energyvoice.com/renewables-energy-transition/581596/rachel-reeves-not-a-green-zealot-as-she-signals-north-sea-backtrack
dizzy: Looks like the Labour Party are shitting on their climate commitments.
