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Transcripts For BBCNEWS Verified 20240704

July saw the world heating up. Now political debates around energy and Climate Change also hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. It has also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to keep the Fossil Fuel Industry in business. The Prime Minister on a visit to aberdeenshire argued todays announcements would help the uk reach its net zero target by 2050 while still backing new oil and gas. Even in 2050, when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. Thats why technologies like Carbon Capture and storage are important. But what is important is that we get the oil and gas in the best possible way, and that means ge

Transcripts For BBCNEWS Verified 20240704

First, heres our Political Correspondent ione wells reports. July saw the world heating up. Now, political debates around energy and Climate Change also hotting up, too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to give the Fossil Fuel Industry in business. To keep the Fossil Fuel Industry. The Prime Minister, on a visit to aberdeenshire, argued todays announcements would help the uk reach its Net Zero Target by 2050 while still backing new oil and gas. Even in 2050, when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. Thats why technologies like Carbon Capture and storage are important.

Transcripts for BBCNEWS Verified Live 20240604 14:00:00

and teachers in england, from the national education union, vote to accept a 6.5% pay rise and call off their strikes. hello, i m matthew amroliwala, welcome to verified live three hours of breaking stories, and checking out the truth behind them. production of oil and gas in the north sea is to be expanded. the uk government is offering hundreds of new licences for drilling. the prime minister says it will boost britain s energy independence. but environmental campaigners say more drilling for fossil fuels flies in the face of the science around climate change. the government has also announced £20 billion worth of backing for two new carbon capture projects. more on that in a moment from our climate editor

Transcripts for BBCNEWS Verified Live 20240604 16:00:00

hello, i m matthew amroliwala, welcome to verified live, three hours of breaking stories, and checking out the truth behind them. we start with that expansion of oil and gas production in the north sea. the uk government is offering hundreds of new licences for drilling. the prime minister says, it will boost britain s energy independence. but environmental campaigners say more drilling for fossil fuels flies in the face of the science around climate change. the government has also announced up to £20 billion worth of backing, for two new carbon capture projects. more on that in a moment from our climate editor justin rowlatt. but first this report from our political correspondent ione wells.

Transcripts for BBCNEWS BBC News Now 20240604 14:00:00

advances in bakhmut. and teachers in england, from the national education union, vote to accept a 6.5% pay rise and call off their strikes. hello, i m matthew amroliwala, welcome to verified live three hours of breaking stories, and checking out the truth behind them. production of oil and gas in the north sea is to be expanded. the uk government is offering hundreds of new licences for drilling. the prime minister says it will boost britain s energy independence. but environmental campaigners say more drilling for fossil fuels flies in the face of the science around climate change. the government has also announced £20 billion worth of backing for two new carbon capture projects. more on that in a moment from our climate editor

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