Tories pledge to scrap net zero rules and extract "all oil and gas" from North Sea

"The UK is leaving vital resources untapped while neighbours like Norway extract them from the same seabed,"

"Exploring new fields will not take a penny off bills or improve energy security, but it will accelerate the worsening climate crisis."

"The choice is clear - do we prioritise our homegrown energy or sacrifice jobs to rely on imports? While we use oil and gas, let us produce it here responsibly, along"

Policy would remove all net zero requirements for North Sea oil and gas operators and concentrate policy on maximising extraction of domestic fossil fuels. The proposal frames emissions reduction rules as regulatory burdens that raise household energy bills and asserts neighbouring countries extract from the same seabed. The plan abandons the statutory 2050 net zero target as unattainable and would eliminate obligations for firms to cut emissions or invest in carbon capture. The approach contrasts with commitments to ban new exploration licences and with international clean energy incentives, while industry bodies argue domestic production protects jobs and supports energy security.

Read at Business Matters