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Green energy entrepreneur calls on UK to subsidise North Sea oil and gas firms

Dale Vince urges ministers to ‘optimise’ resources in fossil fuel basin to help smooth transition to renewablesOne of Britain’s leading green industrialists has called on the government to offer subsidies to North Sea oil companies to help support a “just transition” to renewables.Dale Vince, a Labour donor, urged ministers to “optimise” the remaining resources of the declining oil basin as the UK reduces its reliance on fossil fuels. The party has pledged to ban new North Sea oil and gas projects. Continue reading...

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