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GMB attacks Labour plans to end new North Sea oil and gas licences

Investor-hub by Investor-hub
May 28, 2023
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GMB attacks Labour plans to end new North Sea oil and gas licences
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The top of the GMB union, considered one of Labour’s greatest donors, has referred to as on occasion chief Keir Starmer to scrap plans to ban all new North Sea fossil gasoline extraction licences.

Gary Smith mentioned there was a “nationwide safety crucial” to maintain Britain’s oil and gasoline trade alive given the nation will hold utilizing these fuels for many years even beneath its “Internet Zero 2050” goal.

“It will be self-defeating to not maximise extraction from our personal oil and gasoline, and that’s going to be a troublesome debate but it surely’s one we’ll need to face down,” the GMB normal secretary mentioned in an interview with the Monetary Instances.

Starmer confirmed in January that the Labour manifesto will embody a pledge to difficulty no new North Sea licences, though firms would have the ability to exploit websites which have already got current permission from the authorities. That coverage is a part of an bold “Inexperienced Prosperity Plan” designed to speed up Britain’s progress in direction of internet zero.

However the plan has triggered consternation contained in the GMB, Britain’s greatest manufacturing union.

Smith mentioned that “strangling” the North Sea oil trade can be “dangerous for jobs” and can be “dangerous for the surroundings” as a result of the UK would nonetheless need to import gasoline and oil from abroad with a better carbon footprint.

“There’s ethics concerned; are we going to maintain funding these regimes within the Center East and the likes of Russia, or can we take accountability for our personal carbon and create jobs and funding right here?” he mentioned.

Smith additionally argued that the massive oil and gasoline firms may very well be “very important” in offering funding in renewable power tasks sooner or later.

“There’s no level strangling the trade. We have to work with the trade to encourage funding within the inexperienced applied sciences of the longer term,” he mentioned.

Smith mentioned that Starmer’s staff had been “within the temper to pay attention” to his argument earlier than Labour’s Nationwide Coverage Discussion board meets in the summertime and added that his union would press the case on the occasion’s October convention in Liverpool.

“The temper music within the occasion is completely different,” he mentioned. “The Labour occasion understands that there’s a nationwide safety crucial round this as properly. Our greatest problem goes to be how we hold the lights on and hold houses heated and trade powered over the following decade, we’re one pipeline or one cable happening away from a severe power disaster.”

On Thursday Graham Stuart, the local weather minister, mentioned the federal government was “dedicated to new oil and gasoline licences within the North Sea”, insisting that was appropriate with Internet Zero.

Philip Evans, local weather campaigner from Greenpeace — which has an ongoing authorized problem in opposition to the federal government’s new licensing spherical for oil and gasoline — mentioned that was an “absurd” place for the minister to take.

“All new oil and gasoline drilling is incompatible with 1.5C. Don’t simply take my phrase for it, that is additionally the view of the Worldwide Power Company, the UN secretary-general, in addition to numerous teachers and scientists,” he mentioned.

“If the federal government had a shred of curiosity in limiting the results of the local weather disaster it could reverse its resolution to permit extra fossil gasoline manufacturing, and cease propping up an trade that’s destroying the planet.”

A Labour aide mentioned {that a} Starmer authorities wouldn’t be “turning off the faucets” instantly and would permit firms to proceed to develop North Sea fields the place they have already got licences. 

“Oil and gasoline will proceed to play an vital function within the transition to internet zero and the abilities and experience of oil and gasoline staff will likely be very important as we transfer to completely different sources of power,” he mentioned. “Labour’s plans will . . . ship power safety for the nation and good jobs for these staff, together with in clear power sources.”

 



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