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...Rishi Sunak’s flagship legislation to enforce annual licensing rounds for drilling in the North Sea is unnecessary to boost production, the UK’s oil and gas regulator has concluded....
...Labour’s shadow climate and net zero secretary Ed Miliband congratulated Skidmore for “standing up to this desperate Conservative government”....
...Ed Miliband, Labour’s shadow climate change secretary, claims Sunak is undermining the bipartisan approach to cutting carbon, which ministers often claim makes Britain an attractive place for green investment...
...We still live in a material world and rely on drilling machines and explosives to feed it....
...Metsola, the head of the European parliament, warned this month that Brussels’ climate policies risked driving voters towards populist parties, while in the UK the government has backed new oil and gas drilling...
...amiable character, became best known in the US for his ownership of the New York Titans — later the New York Jets — which he moved to neighbouring New Jersey after a spat with then New York City mayor Ed...
...And a host of senior Democrats — including Senator Ed Markey of Massachusetts and Representative Ro Khanna of California — did not mince their words as they gathered outside Congress at an event organised...
...Ed Miliband, Labour’s energy shadow secretary, said at an event last week that taxpayers should not be supporting the project given it would do nothing to lower consumer bills....
...Vince has met Starmer just once, he says, during last October’s party conference in Liverpool, although he has known Labour’s energy spokesman Ed Miliband for more than a decade....
...That is the kind of pragmatic case for drilling more oil and gas....
...(Kristen Talman) Smart read Don’t miss our Energy Source colleagues’ write-up on the Biden administration’s final approval for new oil drilling in Alaska — which features quotes from an exclusive interview...
...Lib Dem leader Sir Ed Davey said it was “shameful that the Conservatives have ignored the concerns of local communities”....
...Then news reports began to saturate local TV — “Two French Girls Reported Dead in Salta” — followed by the shrill, drilling ring of his home phone....
...secretary Kwasi Kwarteng on Friday held calls with senior BP and Shell figures in which he called on both companies to invest in Britain as the “quid pro quo” for government support for North Sea oil and gas drilling...
...Ed Miliband, shadow climate secretary, described the comments as “shameful and disgraceful” and said they lacked firm evidence....
...Marc FilippinoSo, Rana, Ed, what’s behind this shift? Why do Democrats have a better chance now?...
...The US, a laggard on green investing, is “now the country in the driving seat” when it comes to fighting climate change, says Søren Skou, chief executive of Danish shipping giant Maersk, in an FT op-ed....
...Either way, oil people like drilling, and if they have to go private to do it, they will....
...Lucy FisherSo Jim, you’ve been really drilling down into some of the detail this week....
...New Jersey’s Democratic governor Phil Murphy recently wrote an op-ed in the Houston Chronicle urging the state’s business leaders to move to his state after Texas’s ban on abortions....
...Ed Matthew, campaigns director at the climate think-tank E3G, rejected this argument....
...Also, don’t miss my colleague Robert Armstrong’s piece, in his excellent Unhedged newsletter, about his interview with Citi’s oil bear, Ed Morse....
...Piper at Investec noted that exploration drilling in the North Sea was already at an all-time an low and argued that the financial hit from a windfall tax would cut it further....
...Sixty per cent of new drilling is at private companies funded by private equity, he says....
...The Biden administration has spent weeks scouring the globe for extra barrels: encouraging domestic producers to step up drilling, lobbying the Opec+ alliance of producers to boost supply, pushing potential...
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