Rishi Sunak will use tomorrow's King's Speech to bring forward legislation to 'mandate' an annual regime for new oil and gas licences in the North Sea to 'safeguard the prosperity of our country'.
Plan will also highlight Keir Starmer's plan to ban new exploration in North SeaMinisters will be required to consider new licences for North Sea oil exploration each year under legislation designed to strengthen Britain’s energy security – and skewer Labour.
Energy Secretary Claire Coutinho said it was ‘common sense’ to try to meet demand for fossil fuels from domestic sources rather than ‘importing dirtier fuels’. The plan would ‘bolster energy security, reducing reliance on imports from hostile foreign regimes such as Russia, a government source said What's in the King's Speech? Advertisement The move has led to warnings that the UK will become increasingly dependent on oil and gas imports from abroad, which have a higher carbon footprint due to transportation and production factors.
Mr Sunak said: ‘I am proud that the UK is a world leader in reducing emissions, and of our new plan to transition to net zero without adding undue burdens on households and securing the country’s long-term interest.
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