“RIP Peter Lynch, a Political Prisoner of Keir Starmer”
21 October 2024
by Will Jones
News Round-Up
22 October 2024
by Will Jones
One of the North Sea’s biggest oil field developments is in jeopardy after developers put the project on hold following a crackdown by Ed Miliband.
Lego has said it will take the hit and pay up to 60% over the odds to buy lower-petroleum plastic in a race to remove fossil fuels from its bricks. It won't affect prices, they say. But for how long?
Britain is leading the world on Net Zero, but no one is following, says Jeremy Warner. In China and the developing world Net Zero targets appear to mean nothing at all beyond their usefulness in undermining the West.
Ed Miliband is reportedly set to end new drilling in the North Sea and the cost of Net Zero is projected to run into the hundreds of billions. The scene is being set for the failures that could bring down the Government.
Ed Miliband has ordered an immediate ban on new drilling in the North Sea – overruling his own officials and risking triggering a wave of legal action.
BP has put all new offshore wind projects on pause as the oil company’s new Chief Executive seeks to focus more heavily on fossil fuels.
In ruling that oil cannot be extracted without taking into account its impact on Net Zero, the U.K. Supreme Court has delivered yet another blow to the country's dying industries, says Ben Pile, not to mention parliamentary sovereignty.
The future of Britain’s oil and gas industry has been thrown into doubt after a landmark decision by the Supreme Court that found emissions from burning fossil fuels must be considered when approving new drilling sites.
Sir Keir Starmer is standing by a pledge to ban new drilling in the North Sea, despite New Zealand abandoning a similar policy made by ex-PM Jacinda Ardern amid blackout fears.
"North Sea oil workers cannot be sacrificed on the altar of Net Zero," the Unite union has told Labour as it launches a campaign against the party's "irresponsible" green agenda.
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