UK government faces backlash over new North Sea oil and gas licenses

In a controversial move, the British government yesterday declared its intention to release “hundreds” of fresh licenses for oil and gas exploration in the North Sea, aiming to bolster national energy reserves while still vowing to achieve net-zero carbon emissions by 2050. This announcement has incited a wave of criticism from environmental groups and has fuelled an ongoing debate within the ruling Conservative Party on its green policies.

In contrast, the primary opposition party, Labour, promised a halt to the issuance of any new North Sea drilling licenses if it triumphs in the upcoming General Election due next year.

Downing Street clarified its stance in a statement, saying…

“Investment in the North Sea will continue to unlock new projects, protect jobs, reduce emissions and boost UK energy independence.”

Global energy…