The UK just became the first major fossil fuel producer to ban new oil and gas exploration - now law under the Energy Independence Bill.
New piece with @ewangibbs in @phenomenalworld on what this means for the North Sea🧵
https://t.co/qAkslunAX3
The UK did something unprecedented for a big oil producer when it called time on future offshore drilling. I wrote @phenomenalworld with @Fred_Daley on why the North Sea's history shows life after Brent means we need more not less state intervention. 🔽
https://t.co/OndiKYBjlY
The UK just became the first major fossil fuel producer to ban new oil and gas exploration - now law under the Energy Independence Bill.
New piece with @ewangibbs in @phenomenalworld on what this means for the North Sea🧵
https://t.co/qAkslunAX3
The OSO applied pressure on oil majors to place orders at British yards.
In Fife, itself a contracting coalfield, a large oil rig fabrication yard was built at Methil on the former site of Wellesley colliery.
“During the 1960s, the British state managed a relatively successful transition of workers from contracting coalfields into emergent assembly-goods sectors—automobiles, commercial vehicles, household appliances.”
@Fred_Daley & @ewangibbs
https://t.co/IjGV7f0CKe
The North Sea has dominated debate at Westminster again today. Me and @Fred_Daley have written @phenomenalworld on Miliband's transition plan and why the North Sea's past demonstrate we need more not less state intervention to have a prosperous future🔽
https://t.co/jdypyyoZx6
The UK's Labour government boldly called time on the future of drilling the North Sea, Europe’s largest declining hydrocarbon basin. I wrote for
@phenomenalworld with @Fred_Daley on the North Sea's future and why we need more not less state intervention🔽
https://t.co/jdypyyoZx6
"Of the 314 operational licenses in the North Sea, almost 30 percent are owned by ventures currently or previously-backed by private equity firms—with the UK government shouldering the majority of decommissioning costs."
NEW at Phenomenal World: https://t.co/IjGV7f0CKe
"Of the 314 operational licenses in the North Sea, almost 30 percent are owned by ventures currently or previously-backed by private equity firms—with the UK government shouldering the majority of decommissioning costs."
NEW at Phenomenal World: https://t.co/IjGV7f0CKe
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