Comment by dizzy on Rosebank and North Sea fossil fuel exploitation

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In May 2022 then UK Chancellor Rishi Sunak sabotaged the oil and gas windfall tax so that it was converted to a huge fossil fuel subsidy driving fossil fuel exploitation of the North Sea. This is a massive implicit fossil fuel subsidy while the UK government claims not to participate in fossil fuel subsidies. The UK taxpayer will be 91% financing development of the proposed Rosebank Oil development in the North Sea near the Faroe Islands. It is difficult to see any monetary benefits or justifications for the UK government financing foreigners to take North Sea oil. The UK plays no part other than paying for it, giving it away and buying it back from the international market at market rates if needed. The oil is going abroad and will be bought from abroad. Somebody please ask Rishi Sunak where is the benefit to UK.

Referring to subsidies to develop the Rosebank oil field, image of UK Prime Minister reads Hey foreigners in huge boats, I'll pay £3billion to take all our oil.
Referring to subsidies to develop the Rosebank oil field, image of UK Prime Minister reads Hey foreigners in huge boats, I’ll pay £3billion to take all our oil.

It is very likely that fossil fuel exploitation is unviable without fossil fuel subsidies.

https://www.statista.com/chart/31016/volume-of-global-fossil-fuel-subsidies-timeline/

According to calculations by the International Monetary Fund (IMF), seven trillion U.S. dollars were spent on direct and indirect subsidies for fossil fuels in 2022. The war in Ukraine and the resulting rise in energy prices are partly responsible for the significant increase in the previous year.

But even before that, the trend was already upwards, as this infographic illustrates. Subsidies are also likely to increase in the future. According to analysts, the reason for this is the economic growth of the Global South and the resulting increase in the consumption of coal, oil and gas.

Government support for fossil fuels is equivalent to just over seven percent of the planet’s economic output. A direct comparison with another important government budget item, for example, shows how enormous this sum is. Education spending by all countries combined accounts for 4.3 percent of global gross domestic product.

Countering fossil fuel subsidies, according to the IMF, would not only offer a chance to put humanity back on track to meet its climate goals, but could also prevent 1.6 million premature deaths per year and increase government revenues by $4.4 trillion.

Everything you need to know about the Rosebank oil field

Rosebank oil and gas field approved: “Handouts to corporations at the expense of the rest of us” – Greenpeace comment

Sunak’s UK oil subsidy could have insulated 2m homes, says thinktank

Addendum: Sunak is wasting this vast sum of money for some unknown reason. Is it corruption, does he expect some back in his back pocket or perhaps a job paying millions for nothing after being PM?

What I wanted to say was about these terrible floods that we’re experiencing at the moment. They are made much worse by climate change – that there is far more water in the air, that our climate has been destroyed. Getting back to this vast sum that Sunak is wasting. He’s wasting this vast sum and as a consequence our climate will be further damaged, will deteriorate further when it’s already fekked.

Continue ReadingComment by dizzy on Rosebank and North Sea fossil fuel exploitation

Resigning ex-minister Chris Skidmore wrong on climate, says Jeremy Hunt

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https://www.bbc.co.uk/news/uk-67900935

Mr Hunt told BBC Radio 4’s Today programme that when he became chancellor, he worked closely with Mr Skidmore on climate change issues.

He said: “The independent panel for climate change that we have in this country are very clear that even when we reach net zero in 2050, we will still get a significant proportion of our energy from fossil fuels, and domestic oil and gas is four times cleaner than imported oil and gas.”

dizzy: four times cleaner is just total BS, isn’t it?

Continue ReadingResigning ex-minister Chris Skidmore wrong on climate, says Jeremy Hunt

Green Party’s Carla Denyer on Chris Skidmore’s resignation

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Image of the Green Party's Carla Denyer on BBC Question Time.
Image of the Green Party’s Carla Denyer on BBC Question Time.

Green Party co-leader Carla Denyer reacts to the resignation of Tory environment champion Chris Skidmore:

“As the world burns, the Tories turn in on themselves. The government’s green credentials are truly in tatters.

“The climate crisis is here and now and being experienced by people across the country, but the Prime Minister can’t hold on to anyone who has any good intentions toward the environment.

“Labour has to be held to account as well – it refused to block Rosebank and other new oil and gas licences. How long before Labour’s own green champions feel their principles are too compromised to continue?”

Continue ReadingGreen Party’s Carla Denyer on Chris Skidmore’s resignation

‘It’s high time government woke up to the climate emergency’

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https://morningstaronline.co.uk/article/firefighters-demand-emergency-funding-as-thousands-evacuated-across-britain

Flood water in York, Yorkshire, January 2, 2024

Firefighters demand emergency funding as thousands evacuated across Britain

FIREFIGHTERS have demanded emergency funding to tackle widespread flooding after thousands of residents were evacuated from their homes and transport links ground to a halt in the wake of Storm Henk.

Since 2010 funding for the Environment Agency has been axed by two-thirds, including funding for flood defences and resilience. More than 2,000 jobs have been axed.

In the call for emergency funding, Fire Brigades Union (FBU) general secretary Matt Wrack said: “When floods threaten people’s homes, lives and livelihoods, it’s firefighters who step in to protect communities.

“Storm Henk follows a winter of storm after devastating storm and more is to come.

“It’s high time that the government woke up to the realities of the climate emergency.

Greenpeace UK climate campaigner Georgia Whitaker said: “While the prime minister is on a tour to kick off the election year, thousands of people are seeing their homes, businesses and fields wrecked by rising water.

“We’ve known for decades that the climate crisis would bring more rainfall and flooding and yet the government completely failed to prepare for it.

“Thousands of flood defences are in a state of disrepair and ministers are still allowing developers to build in high-risk areas, while also pushing for more oil and gas drilling that will only make the problem worse. It’s a double failure.

“(Prime Minister Rishi) Sunak should take a break from his glad-handing tour and see for himself what the real consequences of climate inaction look like.

“He might learn how voters waist-deep in flood water feel about his plans to slow down climate action ahead of the election.”

https://morningstaronline.co.uk/article/firefighters-demand-emergency-funding-as-thousands-evacuated-across-britain

Image of UK Prime Minister Rishi Sunak reads 1% RICHEST 100% CLIMATE DENIER
Image of UK Prime Minister Rishi Sunak reads 1% RICHEST 100% CLIMATE DENIER

Continue Reading‘It’s high time government woke up to the climate emergency’

Tory climate tsar Chris Skidmore quits as MP with brutal attack on Rishi Sunak

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https://www.mirror.co.uk/news/politics/breaking-tory-net-zero-tsar-31817773

A Tory MP has launched a spectacular attack on Rishi Sunak’s climate record as he announced he was quitting.

Former energy minister Chris Kingswood, who led a Government review of net zero, warned: “I can no longer stand by.”

His decision creates another by-election nightmare for the Prime Minister. Mr Kingswood has resigned with immediate effect from the Conservative Party and will formally stand down as an MP when Parliament returns after the Christmas break on Monday.

In a statement posted on X, the Tory who signed the UK’s net zero commitment by 2050 into law said he was resigning as he could not support proposed new legislation that “clearly promotes the production of new oil and gas” by handing out more North Sea drilling licence.

He said the “future will judge harshly” anyone who backs the Offshore Petroleum Licensing Bill, which is due to be voted on by MPs on Monday.

“I can… no longer condone nor continue to support a government that is committed to a course of action that I know is wrong and will cause future harm,” he wrote in the excoriating statement. “To fail to act, rather than merely speak out, is to tolerate a status quo that cannot be sustained. I am therefore resigning my party whip and instead intend to be free from any party-political allegiance.”

He added: “I can no longer stand by. The climate crisis that we face is too important to politicise or to ignore.”

Mr Skidmore said the Bill that will be debated next week “achieves nothing apart from to send a global signal that the UK is rowing ever further back from its climate commitments”

Chris Skidmore’s full resignation statement is at the linked article: https://www.mirror.co.uk/news/politics/breaking-tory-net-zero-tsar-31817773

Useful information from Wikipedia. https://en.wikipedia.org/wiki/Chris_Skidmore

… In September 2022, he was appointed by the Truss government to chair the Independent Government Review on Net Zero.[5] On 5 January 2024, Skidmore announced that he would resign his party whip and his Parliamentary seat in protest at the introduction of the Offshore Petroleum Licensing Bill.[6]

On 27 June 2019, as Interim Minister for Energy and Clean Growth, Skidmore signed the UK’s Net Zero Pledge into law, becoming the first major economy to do so.

Net zero

On 26 September 2022 Skidmore launched the Net Zero Review, pledging to use the review to focus on the UK’s fight against climate change while maximising economic growth to ensure energy security and affordability for consumers and businesses.[28]

On 19 October 2022, Skidmore put out a statement on Twitter, in advance of a debate on fracking, saying that “[a]s the former Energy Minister who signed Net Zero into law”, he could not vote “to support fracking and undermine the pledges I made at the 2019 General Election”. The government was reportedly treating this vote as a confidence vote, putting Skidmore at risk of losing the Conservative Party whip.[29][30]

On 16 January 2023, Skidmore published “Mission Zero”,[31] the final report of the Net Zero Review. The 340 page report, containing 129 recommendations on how to deliver the UK’s net zero commitments, has been widely welcomed by the energy and climate sector.[32][33]

In June 2023, it was announced that Skidmore had been appointed to a professorship at the University of Bath to undertake research on sustainability and climate change.[34][35]

Although in November 2022 he had declared he would not stand again, in January 2024 Skidmore stated he would leave Parliament “as soon as possible”, stating that the relaxation of net zero targets was “the greatest mistake of [Rishi Sunak’s] premiership”.[36]

Resignation

On 26 November 2022, Skidmore announced that he would be standing down at the next general election, later stating in Parliament that ‘my constituency of Kingswood is being formally abolished in the boundary changes and there is nowhere for me to go.’[37][38][39]

However, on 5 January 2024 Skidmore announced that he would resign his party whip and his Parliamentary seat in protest at the introduction of the Offshore Petroleum Licensing Bill.[40]

https://en.wikipedia.org/wiki/Chris_Skidmore

dizzy: From the Resignation section immediately above, by resigning Skidmore is forcing a by-election in a seat that will cease to exist at the next general election expected this year. From his statement and the rest of the Wikipedia entry, it’s clear that he’s doing it because he’s opposed to Rishi Sunak’s energy policy. Part of his resignation statement reads “I cannot vote for a bill that clearly promotes the production of new oil and gas. While no one is denying that there is a role for existing oil and gas in the transition to net zero, the International Energy Agency, the UNCCC and the Committee on Climate Change have all stated that there must be no new additional oil and gas production on top of what has already been committed, if we are to both reach net area carbon dioxide emissions by 2050 and keep the chance of limiting temperature rises to 1.5 degrees.”

He ends his statement “I can no longer stand by. The climate crisis that we face is too important to politicise or to ignore. We all have a responsibility to act when and where we can to protect the future: I look forward to devoting my time in 2024 and beyond to making the future a better place, in whatever capacity I can.”

Rishi Sunak says Oh fekk!
Rishi Sunak says Oh fekk!

Continue ReadingTory climate tsar Chris Skidmore quits as MP with brutal attack on Rishi Sunak