UK Tories Vow to Extract All North Sea Oil and Gas
Conservative party leader Kemi Badenoch stated recently that the party would eliminate net zero requirements on gas and oil firms operating in the North Sea if her party wins the next election. The party plans to focus entirely on maximizing extraction of the remaining oil and gas reserves. Badenoch is expected to announce the plan officially during a speech in Aberdeen, where she will argue that current net zero policies push up household energy bills and harm the economy by placing extra costs on energy producers. In contrast, the Labour government has pledged to stop issuing new oil and gas…