Labour’s oil tax plans: ‘Quite misguided’ and ‘the worst possible signal’
A prominent petro-economist has labelled the Labour Party’s plans to impose an £11 billion “windfall tax” on the oil and gas industry “misguided”.
Labour
Labour accused of ‘taxing Aberdeen’ after committing to £11bn oil and gas charge
Jeremy Corbyn has been accused of endangering the future of the oil and gas industry and imposing a “tax on Aberdeen” after Labour unveiled plans to charge the sector £11billion to “pay the cost of the climate emergency”.
Labour’s windfall tax on oil a bad call
I’m hopping mad at Labour’s £11billion windfall tax on the oil and gas industry proposal in its manifesto.
Limited future for nuclear if Labour gets into power
Nuclear energy may have a limited future in the UK if the Labour party gets into power.
Labour pledge offshore wind farm boom, if elected
Thirty-seven new offshore wind farms will be built if Labour enters government, the party has pledged.
Labour calls for UK Government to ban fracking
Labour is calling for a ban on fracking, claiming UK Government support for it will make it impossible to meet the net-zero target for carbon emissions in this century.
Labour government would invest £3.5bn in tidal power, Corbyn says
A Labour government will invest £3.5 billion in a major project to harness the power of the River Mersey to generate electricity for hundreds of thousands of homes, Jeremy Corbyn has promised.
Energy transition cannot ‘come at cost’ of north-east jobs, MSPs warn
The Scottish Government's energy transition plans cannot "come at the cost" of north-east oil and gas jobs, Aberdeenshire MSPs warned yesterday.
McDonnell pledges his help for industry
Shadow Chancellor John McDonnell yesterday said he would produce a tax regime that supports the oil and gas industry if Labour wins power at a general election.
McDonnell pledges help for industry
Shadow Chancellor John McDonnell yesterday said he would produce a tax regime that supports the oil and gas industry if Labour wins power at a general election.
SNP lays into Labour for ‘giving up’ on North Sea
Oil exploration will need to be abandoned and huge volumes of black gold left in the ground if the UK is to meet climate change targets, the Labour Party said yesterday.
Shadow energy secretary urges action on oil sector deal
A Labour frontbencher has called for action on a multibillion pound oil and gas sector deal – and confirmed the party would order an “urgent review” of North Sea taxes if it takes power.
Labour plans oil bulletin
Labour has unveiled plans to establish a new oil and gas bulletin to replace a system controversially axed by the Scottish Government.
Labour fuels North Sea row
Scottish Labour has come under fire for “almost completely ignoring” the North Sea in its industrial strategy.
General Election 2017: What did the two main parties pledge for energy?
With the 2017 General Election looking likely to lead to no overall majority for any party, Energy Voice takes a look at the energy manifesto commitments of the two main parties - which both have a chance of power in the event of a hung parliament.
Scottish Labour leader hails UK manifesto including North Sea safeguards as ‘radical vision’ for country
Scottish Labour leader Kezia Dugdale has hailed the party’s UK manifesto, including a promise to safeguard the North Sea oil industry, as "a radical vision for the country".
Britain’s oil and gas industry will be safeguarded under Labour, party pledges
The future of Britain's oil and gas industry will be safeguarded under Labour, the party has pledged.
People earning over £70k could pay more tax under Labour, McDonnel hints
People earning more than £70,000 a year could face being asked to pay more tax under a Labour government, shadow chancellor John McDonnell has hinted.
Bid to ban fracking gets public backing, claims Labour MSP
A bid to ban fracking in Scotland has been backed by the majority of respondents to a public consultation, according to the Scottish Labour party.
‘Beware of putting North Sea decom profit before full recovery’
The UK shadow energy minister has warned against profiteering from early decommissioning in the North Sea at the expense of achieving the maximum recovery of resources.
Norwegian government launches white paper on offshore safety
A Norwegian politician has launched a new working group to produce a white paper on offshore safety in the region.
Scottish Labour to put forward fracking plan to MSPs
Labour is aiming to ramp up pressure on the SNP Government by putting forward its own plan to MSPs to ban fracking.
Jeremy Corbyn energy policy ‘for the 60 million, not the big six energy firms’
Jeremy Corbyn will pledge to create an energy policy “for the 60 million, not the Big Six” if he becomes prime minister, including the creation of 300,000 jobs in the renewables sector.
Labour offer in bid to help UK ratify climate change agreement
Labour has offered to work across party lines to allow the UK to follow the lead of the US and China in agreeing to ratify the Paris agreement on climate change.
Labour’s Scottish Secretary says government failure to support the North Sea would be a “crying shame”
Labour's shadow Scottish Secretary said it would be a "crying shame" if the government failed to support the North Sea oil and gas industry as it tries to remain buoyant amid the global decline in oil price.