Climate Emergency

BP sees ‘exceptional’ results as a result of war-driven oil market shock

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https://morningstaronline.co.uk/article/bp-sees-exceptional-results-result-war-driven-oil-market-shock

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The price of oil has surged as a result of the US-Israel war on Iran, up 60 per cent since it started on February 28.

BP said Brent crude prices averaged $81.13 (£60) a barrel over the first quarter as a whole, up from $63.73 (£47) a barrel in the previous three months.

The oil giant said that for every dollar increase in the price per barrel of oil results in a $340 million (£250m) rise in pre-tax operating profits.

Uplift deputy director Robert Palmer told the Star: “While millions of people are worrying over their energy bills, oil companies like BP are raking in billions of profits.

“It’s clear that the UK’s dependence on fossil fuels is making all of us poorer – all except for the oil and gas bosses and their shareholders who once again will cash in at our expense.

“The only way to insulate ourselves from energy shocks and protect the climate is to ramp up on renewables, and upgrade homes with solar power, batteries and heat pumps. We also need to support those who need it most with financial help.”

Original article at https://morningstaronline.co.uk/article/bp-sees-exceptional-results-result-war-driven-oil-market-shock

dizzy: It’s worth reflecting on whether the overarching intention is to inflate oil prices: Trump is hugely financially supported by the oil companies of course, they financed his second successful election campaign. The oil price is kept high and the Trump administration make some extremely dubious and unsubstantiated announcements to prevent it getting much above a hundred dollars a barrel. There’s the lies that Trump & Co are imposing a blockade on Iran or that there are negotiations going to happen soon for example. Unsubstantiated and extremely likely untrue but it appears adequate for oil traders to play along.

Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London.
Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London. (Photo: Handout/Chris J. Ratcliffe for Greenpeace via Getty Images)
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Continue ReadingBP sees ‘exceptional’ results as a result of war-driven oil market shock

Campaigners hit back at Blair think tank that says Labour should back Jackdaw gas and Rosebank oil field

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https://morningstaronline.co.uk/article/campaigners-hit-back-blair-think-tank-says-labour-should-back-jackdaw-gas-and-rosebank-oil

Climate activists from Greenpeace and Uplift during a demonstration outside the Scottish Court of Session, Edinburgh, on the first day of the Rosebank and Jackdaw judicial review hearing, November 12, 2024

CLIMATE campaigners slammed Tony Blair’s think tank today after it published a report advocating new oil-drilling projects which only “increase Shell and Equinor’s profits” and have nothing to do with our security.

The green energy advocacy group Uplift said that the Tony Blair Institute (TBI) was wrong again in its assessment of drilling projects in the Jackdaw gas field and the Rosebank oil field.

Uplift director Tessa Khan said the surge in energy prices due to the US war in Iran “does nothing to change the facts” and will not adequately address “the most pressing concern for the British public — how affordable our energy is.”

“The TBI has made previous calls to drill in the North Sea – and they were wrong then and they’re wrong now,” she said.

Ms Khan explained that Britain “has burned most of its gas and most of what is left in the North Sea is oil, the majority of which is exported.”

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Article continues at https://morningstaronline.co.uk/article/campaigners-hit-back-blair-think-tank-says-labour-should-back-jackdaw-gas-and-rosebank-oil

Experienced climbers scale a rock face near the historic Dumbarton castle in Glasgow, releasing a banner that reads “Climate on a Cliff Edge.” One activist, dressed as a globe, symbolically looms near the edge, while another plays the bagpipes on the shores below. | Photo courtesy of Extinction Rebellion and Mark Richards
Experienced climbers scale a rock face near the historic Dumbarton castle in Glasgow, releasing a banner that reads “Climate on a Cliff Edge.” One activist, dressed as a globe, symbolically looms near the edge, while another plays the bagpipes on the shores below. | Photo courtesy of Extinction Rebellion and Mark Richards
Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London.
Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London. (Photo: Handout/Chris J. Ratcliffe for Greenpeace via Getty Images)
Traitor Tony Blair receives the Congressional Gold Medal of Honour from George 'Dubya' Bush
Traitor Tony Blair receives the Congressional Gold Medal of Honour from George ‘Dubya’ Bush
for being a good boy

Continue ReadingCampaigners hit back at Blair think tank that says Labour should back Jackdaw gas and Rosebank oil field

Green Party plans 55mph motorway speed limit as Tories slam ‘war on drivers’

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https://www.lbc.co.uk/article/green-party-55mph-motorway-speed-limit-5HjdXKh_2

Fuel taxes would rise, whilst parking spaces would be steadily reduced and frequent driving tests mandated in accordance with the plans.

New plans from the Green Party show measures to significantly reduce motorway speed limits from 70mph down to just 55mph.

The move has sparked criticism from the Conservatives, who said Green leader Zack Polanski is waging a “war on drivers”.

Other Green Party measures proposed for motorists would see taxes on driving “increased incrementally”, whilst parking spaces would be “steadily reduced” to discourage their use.

According to reports, drivers would also be expected to re-take their driving test every five years, with driving considered “not a right, but a privilege”.

The reported plans would see speed limits on motorways and dual carriageways reduced to 55mph, down from their current 70mph. Picture: Alamy

The official Green Party transport policy reads: “On major roads outside built up areas, the maximum speed limit allowed would be 55mph, to maximise the efficiency of fuel use as well as improving safety.”

They add that the speed limits on motorways and dual carriageways would be dropped by 15mph, and 20mph limits would be imposed on all built up areas.

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https://www.lbc.co.uk/article/green-party-55mph-motorway-speed-limit-5HjdXKh_2

dizzy: Encountering some problems posting again …

Continue ReadingGreen Party plans 55mph motorway speed limit as Tories slam ‘war on drivers’

New North Sea drilling would barely reduce UK gas imports at all, data shows

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https://www.theguardian.com/environment/2026/apr/04/new-north-sea-drilling-jackdaw-rosebank-uk-gas-imports

A gas platform in the North Sea off Norway. New fields in Scottish waters would leave the UK still dependent on supplies from Norway and elsewhere. Photograph: Bloomberg/Getty Images

Exclusive: research finds Jackdaw field would provide only about 2% of current demand, and Rosebank only 1%

Opening major new fields in the North Sea would make almost no difference to the UK’s reliance on gas imports, research has shown.

The Jackdaw field, one of the largest unexploited gasfields in the North Sea, would displace only 2% of the UK’s current imports of gas, which would leave the UK still almost entirely dependent on supplies from Norway and a few other sources.

The Rosebank field, also in Scottish waters but mainly containing oil, would displace only about 1% of the UK’s gas imports.

Tessa Khan, executive director of Uplift, the campaign group, which compiled the data from public sources, said: “New fields like Jackdaw and Rosebank would do vanishingly little to boost UK gas production. Even in the most optimistic scenario, and assuming none of its gas is exported, Jackdaw would provide just 2% of UK demand over its nine- to 12-year lifetime.”

It has already been shown, by authorities including the UK Energy Research Centre, that new drilling would not reduce oil and gas prices, or improve the UK’s energy security. It is also unlikely to produce durable jobs or major new tax revenues, as 90% of the UK’s North Sea oil and gas has already been burned, putting the industry in steep and irrecoverable decline. Companies are also demanding tax breaks to tap the new fields, which are harder to access than existing supplies.

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Article continues at https://www.theguardian.com/environment/2026/apr/04/new-north-sea-drilling-jackdaw-rosebank-uk-gas-imports

Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.

Continue ReadingNew North Sea drilling would barely reduce UK gas imports at all, data shows