Higher windfall taxes will be the death of investment in the North Sea Andy Mayer Introducing Norway-level taxes without the accompanying investment incentives proves Labour’s energy policy is driven by ideology – not security, says Andy Mayer The day before the new Labour Chancellor Rachel Reeves sounded the death knell for Britain’s North Sea oil industry and put up to 200,000 workers on notice the ‘I’ newspaper led with the headline “Starfish and other seabed species [...]
Banning North Sea oil will only benefit Saudi Arabia Andy Mayer Fossil fuels will remain part of the energy mix for decades to come – if we don’t extract our own resources from the North Sea, our loss will be other polluters’ gain, says Andy Mayer The new government’s plans to capitulate to the likes of Just Stop Oil by banning new drilling licences in the [...]
Omicron Covid measures show our politicians still don’t know how to take risks Andy Mayer According to the government, the Omicron measures are “proportionate and responsible”. This may be true when compared to the pinnacle of pandemic command-and-control, when scotch eggs were served with every pint, outdoor gyms were taped up, and hikers were pursued across moors with drones. But make no mistake, with these new restrictions the state is [...]