Caroline Lucas, the only Green Party member of the House of Commons, called the decision “morally obscene” at a time when the climate emergency is getting “more and more serious.”
“Energy security and cheaper bills aren’t delivered by allowing highly subsidized, foreign-owned fossil fuel giants to extract more oil and gas from these islands and sell it overseas to the highest bidder,” she said.to protect jobs and make Britain more energy independent as production declines at the country’s aging North Sea oil fields.
Norway-based Equinor, which owns 80% of Rosebank, said the two partners plan to invest $3.8 billion in the project, supporting about 1,600 jobs at the height of construction. The first phase of the project will begin producing in 2026-2027. Sunak last week delayed the government’s plan to ban sales of new gasoline- and diesel-fuel cars until 2035, five years later than previously scheduled.
“It muddies the playing field again when it comes to government support for the green transition’’ and “leads to more uncertainty for companies and investors focused on cleaner energy solutions,” she said.
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