New bid to quash North Sea licences is latest test for Labour energy policy

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Financial Times 3d ago

New bid to quash North Sea licences is latest test for Labour energy policy - Financial Times

Quick Summary:

Shielding marine environments from oil spills and from the ocean warming and acidification that go hand in hand with climate change should not be seen as “part of a culture war” or “green versus growth”, Tagholm said.

The UK government faces a fresh bid by environmentalists to quash North Sea oil and gas licences on Wednesday, the latest test of Labour’s attempts to balance net zero goals and business complaints about regulation.

The campaign group argues that the Finch standard should also apply to assessments that are drawn up before licences are awarded in the UK’s marine protected areas.