The impending closure of Grangemouth oil refinery has drawn criticism from Scottish MPs and the Just Transition Commissioner, Richard Hardy. He condemned Ineos' handling of public funds, citing the need for stringent conditions on financial support, particularly for wealthy individuals associated with the refinery's shutdown. Hardy lamented the lack of progress and unmet promises surrounding the facility’s transition, labeling it a prime example of ineffective practices, urging that high carbon industries should develop structured exit plans to alleviate job losses during this critical shift toward greener alternatives.
Mr Hardy stated that there needs to be better conditionality around the provision of public funds, especially to very wealthy individuals who take public money while job losses ensue.
He characterized the Grangemouth situation as a shining example of how not to do anything, emphasizing that a better approach is necessary to facilitate energy transition.
The Just Transition Commission believes high carbon organizations must create exit plans for phasing out fossil fuel dependency, to ensure community and worker support.
Mr Hardy criticized the lack of accountability, noting that many promises made during the transition are unmet, reflecting poor management of the transition process.
Collection
[
|
...
]