UK to row back on Net Zero with more ‘proportionate’ policies underpinned by oil and gas projects and LNG
The United Kingdom, one of Europe’s largest liquefied natural gas importers and with new natural gas projects planned for the North Sea, is set to roll back and delay Net Zero emissions policies with Prime Minister Rishi Sunak declaring that Britain’s new response to the climate change dilemma has to be a “proportionate” one rather than being imposed on ordinary people by an elite minority, personified by Sunak himself who is a former investment banker with a vacation home in Santa Monica, California.
UK forecasts wave of North Sea opportunities for natural gas output that will impact LNG supply needs
The UK Government’s North Sea Transition Authority (NSTA) said there was wave of new opportunities for the UK’s world-class offshore energy supply chain to create oil and gas projects on the UK Continental Shelf, which will have an impact on LNG supply needs from 2025 and beyond.
