Labour MSP Sarah Boyack said: “Oil and gas will continue to play a vital part in the UK’s energy industry for decades to come. The party has already said all activity on existing licences will be allowed to continue.Įdinburgh-based WoodMac said other factors are expected to be far more important in terms of driving investment decisions, like the North Sea windfall tax. Meanwhile, experts claimed Labour’s decision to halt new licences will have “minimal impact” on North Sea investment. Offshore Energy UK’s chief executive David Whitehouse said Labour’s plans to move away from the reliance of North Sea oil and gas “would create a cliff edge” deterring investment and heightening the risk of energy shortages. Oil tycoon Sir Ian Wood claims Labour’s North Sea oil and gas strategy will “place in jeopardy tens of thousands of jobs”. “The sooner Labour’s national and local representatives can get in the same room to ensure we get the balance of policy right, the better for all concerned, and in particular the better for the future of this city and region and the people who earn a living in our energy industries.” Industry reaction Copy link A decentered black square over a white square. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Facebook Messenger An icon of the Twitter app logo. Facebook Messenger An icon of the facebook messenger app logo. Loading Spinner An icon of a loading spinner. Success Tick Timeout An icon of a greyed out success tick. Information An icon of an information logo. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Video Camera An icon of a video camera shape. Previous An icon of an arrow pointing to the left. Notice An explanation mark centred inside a circle. Next An icon of an arrow pointing to the right. Hamburger Menu Icon An icon used to represent a collapsed menu. Search Icon A magnifying glass icon that is used to represent the function of searching. Magnifying Glass An icon of a magnifying glass. Comments An icon of a speech bubble, denoting user comments. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Breaking An icon of an exclamation mark on a circular background. Pause Icon A two-lined pause icon for stopping interactions. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Is Public An icon of a human eye and eyelashes. Telephone An icon of a traditional telephone receiver. Profile An icon that resembles human head and shoulders. Linked In An icon of the Linked In "in" mark. Facebook An icon of the Facebook "f" mark. Caret An icon of a block arrow pointing to the right. Cancel An icon of a circle with a diagonal line across.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |