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Panorama - EIC unveils agenda for North Sea Decarbonisation Conference 2023 - Renewable Energy Magazine, at the heart of clean energy journalism

Panorama - EIC unveils agenda for North Sea Decarbonisation Conference 2023 - Renewable Energy Magazine, at the heart of clean energy journalism
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Transcripts for BBCNEWS World Business Report 20240604 05:39:00

when the numbers are released later today. when the numbers are released latertoday. but when the numbers are released later today. but what i think is really disappointing was the lack of forward planning when it comes to the transition towards renewables. there wasn t really any incentives to really deal with the transition to renewables. so no incentives to renewables. so no incentives to create new wind farms, no incentives to create new solar farms, and certainly i think if you are wanting the smaller energy companies like farm energy companies like farm energy and inquest who do broad investment in the north sea basin, you don t have it with the windfall taxes on the basis that this is really the only source of income, whereas if you look at shell bay are much more diverse in the energy mix. i suppose the challenge for the government is that the energy costs are going on for households and businesses and they want to provide that support the obvious way to do

Transcripts for BBCNEWS World Business Report 20240604 05:40:00

thatis support the obvious way to do that is to look at the unexpected benefit that has come the way of the big oil and gas firms, isn t it? it is come the way of the big oil and gas firms, isn t it? gas firms, isn t it? it is to appoint gas firms, isn t it? it is to appoint but gas firms, isn t it? it is to appoint but you gas firms, isn t it? it is to appoint but you also - gas firms, isn t it? it is to appoint but you also havej gas firms, isn t it? it is to i appoint but you also have to offer the small once you have done an awful lot of the exploration in the north sea basin, some form of incentive to look for more resources. this energy crisis is not going to go away, so i think you need to go away, so i think you need to get business on board, particularly energy companies. yes, they have been doing very, very welcome and certainly he has addressed that, particularly with the suppliers by implementing, and probably on that 45% on profits over £75 per megawatt hour, but i

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