The US president, who is a vocal supporter of fossil fuels, argues the move would make the UK ‘a wealthy country’.
      • ohulancutash@feddit.ukEnglish
        3·
        2 days ago

        Not really though:

        Labour will not revoke existing licences and we will partner with business and workers to manage our existing fields for the entirety of their lifespan.

        We will not issue new licences to explore new fields because they will not take a penny off bills, cannot make us energy secure, and will only accelerate the worsening climate crisis.

        Rosebank and Jackdaw had been approved in 2022 and 2023 respectively, so are grandfathered in to the existing licences, despite a court challenge in the intervening years.

      • Brave Little Hitachi Wand@feddit.ukEnglish
        2·
        2 days ago

        It’s hard sometimes not to imagine there’s some guy who shows up on day one and lays it all out; here’s what the rich people will be getting, and devil take the hindmost. It would explain this kind of instantaneous disappointment very neatly (which is why I don’t believe it, tidy theories being most often wrong).