US President elect Donald Trump said on his Truth Social platform that ‘the UK is making a very big mistake. Open up the North Sea. Get rid of the windmills.’ He was, it seems, objecting to the UK windfall tax on excess oil and gas profits, newly expanded to 38% and extended to 2030, and to Labours plans to build many more offshore wind projects while cutting back on new oil and gas well projects. Greenpeace UK’s chief scientist, Dr Doug Parr, said: ‘ The US president-elect is speaking not on behalf of people in the UK, but his own ‘drill baby drill’ agenda and the Big Oil bosses who poured millions into his campaign.’ A UK government spokesperson said: ‘Our priority is a fair, orderly and prosperous transition in the North Sea in line with our climate and legal obligations, and we will work with the sector to protect current and future generations of good jobs. We need to replace our dependency on unstable fossil fuel markets with clean, homegrown power controlled in Britain – which ...
Given the UK’s tight economic situation, there were some concerns about backsliding on renewables and watering down plans to fully decarbonise the power grid by 2030 after PM Starmer said, at the end of last year, that the target was now to have ‘at least 95%’ clean power generation by that year, i.e. lots more renewables plus some new nuclear, but not totalling 100%. However, Net Zero Secretary Ed Miliband said the remaining 5% was due to the need to maintain a strategic gas reserve. Well it is wise to have a reserve margin, and it does seem that these plant will have Carbon Capture and Storage (CCS) added. But it will be quite challenging to get down to 5%, and all with CCS, by 2030, given that fossil gas fired plants supply around 30% of UK power at present and there are as yet no full scale gas CCS plants working in the UK. The first ones look like, at best, they won’t be starting up on Teesside/Humberside until 2028. He also said nuclear power was vital, and that...