Exec Director & founder, Uplift; "provocative and not entirely without merit" according to Energy Voice, Standard disclaimers, incl. that all views are my own.
Lots of claims flying around this week (eg Nigel Farage who thinks we can be "self-sufficient" in gas) that the UK can drill its way to energy security. Here's why that's a fantasy, as I explained to Reform's Richard Tice on LBC earlier:
BREAKING: The UK gov't has rightly recognised that approving the Rosebank oil field without taking into account the full extent of its climate impacts was unlawful. It has conceded that argument in our & Greenpeace's legal challenge against the field.
So what does that mean?
🧵
It’s (way past) time to scrutinise claims that oil from the #Cambo oil field will be used to meet domestic energy demand in the UK.
In short, it is overwhelmingly likely to be exported.
THREAD 🛢️🧵👇
First Shell, now BP reveals the profits it's made from soaring gas prices. BP raked in £9.5 billion in profits last year, while people in the UK are forgoing meals to heat their homes.
BP says it needs all of this money to "accelerate the greening" of BP. Really?
THREAD 🧵
/1
Shell just published its tax payments in 2021.
Last year it made US$19.3 billion in profit driven by record gas & high oil prices that are pushing households across the UK to the brink, and its net tax payment in the UK was...
NEGATIVE.
shell.com/sustainability…
Rishi Sunak just got the analysis of the causes of the energy price crisis right (i.e. our dependency on gas) but then proposed that the solution is more support for North Sea oil and gas companies.
This is deeply misjudged in so many ways. Let's count them! THREAD 🧵
Lots of headlines about BP this morning, but worth focusing on the fact that BP has dropped its 2030 goal of cutting oil & gas production from 40% to just 25%, 10% of which will come from its divestment from Rosneft. BP also decreased its 'low carbon spend' from 2021 to 2022.
/1
Huge news: Scottish Energy Strategy will shift away from 'maximum economic recovery' of oil & gas, breaking w UK position. Sturgeon accepts there cant be new oil and gas fields in a safe climate. Next step must be: no to Cambo & other new fields #StopCambo
I was lucky enough to get invited onto the @TEDTalks stage to explain how our reliance on oil and gas is driving multiple crises, including a fuel poverty catastrophe in the UK, and how the movement against oil and gas expansion has never been stronger:
The UK government's decision to approve the Rosebank oil field today, in the middle of a cost of living & climate crisis, is a gift to oil giant @Equinor_UK and a slap in the face for the UK public & everyone who has watched floods & fires sweep the globe in despair.
/1
I know I've already said it, but this is genuinely HUGE NEWS and shows that the writing is on the wall for new oil and gas developments in the UK, starting with #Cambo. These developments can't be defended on climate OR economic grounds.
THREAD 🧵⬇️
Oil giant @Equinor_UK will pass 91% of the cost of developing the Rosebank oil field to the UK public amounting to an overall loss to the taxpayer: no better example of the UK govt's deeply flawed approach to our energy affordability (& climate) crises:
theguardian.com/business/2022/…
🧵
BREAKING: we've received permission from the Court of Session to proceed to a full hearing on ALL of the grounds of our legal challenge against the Rosebank oil field.
This is a major step towards stopping this disastrous project. Here's why:
🧵
Under normal circumstances there's a very good argument why we should be taxing oil & gas companies more, but given the current suffering and unbearable choices facing households with #energybills it's impossible to justify NOT tapping into those profits.
@tessakhan/ Uplift