"Ed Miliband is planning to encourage drilling in the North Sea despite a manifesto promise not to grant new licences on new parts of the British sea bed. The energy secretary is looking at ways in which the government can allow companies to look for and produce more oil and gas without breaking Labour's pre-election pledge not to issue new licences on new fields."
"The plans, which will be announced in the coming months as part of a wider strategy for the North Sea, come amid pressure on one side from climate activists to stop all drilling, and on the other from Donald Trump to drill, baby, drill. A government spokesperson said: The strategy will set out how the government intends to meet its manifesto commitments to ensure no new licenses to explore new fields and maintaining existing fields for their lifetime."
Ed Miliband is planning actions to encourage more drilling in the North Sea while maintaining a manifesto pledge against granting licences for new fields. The energy secretary is exploring mechanisms to allow companies to search for and produce additional oil and gas without issuing new-field licences. A wider North Sea strategy will be announced in coming months amid pressure from climate activists to stop drilling and calls from Donald Trump to expand it. Officials aim to maximise the productive life of existing fields and secure economic returns from an industry employing about 30,000 people in north‑west Scotland. Proposals include incentives to re-enter previously abandoned areas and issuing bespoke licences for formerly unprofitable sites.
Read at www.theguardian.com
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