Britain has huge clean energy ambitions, but are they realistic?

Quick Summary:

Analysts warn that the Labour Party’s proposals are unlikely to be cheap.

Highlighting the stakes: Around 200,000 North Sea energy jobs are linked to oil and gas, but just 34,000 are linked to renewables, estimated Mr Paul de Leeuw, director of the Energy Transition Institute at Robert Gordon University in Aberdeen, Britain’s oil centre.“It is scary and a real call to action,” he said.

Mr Sykes, though, said the British government would need to attract the funding for port expansion and other efforts to keep the offshore wind industry growing.“There needs to be a commitment and a guarantee that there’s a return on investment,” he said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeChinaDenmarkGermanyUkraine

Topics: Hull Starmer Siemens Britain’s Britain Clean Energy Wind Jobs Industry Factory

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 10:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1771 words

Reading Time: 10 minutes read

Sentences: 63 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21604403

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 54 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions