North Sea plan allows drilling while enabling Labour to keep ‘no new licences’ pledge

‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategyBudget 2025 – live updatesThe energy secretary, Ed Miliband, has returned from the Cop30 climate conference in Brazil, where he championed the UK’s world-leading promise to ban all new oil and gas licences and backed the call for a blueprint to “transition away from fossil fuels”.Back at home, the government says it is sticking to its manifesto pledge by becoming the first major economy to have a 1.5C- and climate science-aligned no new licences position, but it plans to allow some new drilling in oil and gas fields that have existing licenses. Continue reading...

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