Saturday, November 2, 2024

Yearly Oil and Gas Permits to incluede Mandatory Net zero Pledge

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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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