Out north sea energy. Its also providing up to £20 billion for Carbon Capture projects, including the first in scotland, . Which the government says will . Create 20,000 newjobs. 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 then as we get that oil and gas in the best possible way and that means getting it from here at home. The British Government insists todays announcements are entirely consistent with its commitment to reach net zero by 2050 which is set down in law. But the Prime Minister . Stands accused . Of watering down the governments . Targets. Miles behind in the polls he clearly sees an opportunity to take the fight to keir starmer. Labour say they wont grant any new Drilling Licenses if they . Win . The next election. The labour mayor in . London is imposing new costs . On the . Drivers of polluting vehicles. The opposition . Says their green strategy will . Create more jobs, and is more sustainable. I am astonished that rishi sunak is doubling down on his failing and weak policy on climate action. Businesses and individuals, families have suffered 13 years of failing tory Energy Policy. That has left us the worst hit of any Western European country during this energy crisis. Suddenly the cost of going green, in a cost of living crisis, has become a wedge issue. Not solely in the uk, there is a similar Dividing Line in the us overjoe biden� s policies towards oil and gas. Last week, in spain the hard right gained ground, pledging to roll back climate commitments. Do we have the time for that . The scientists and the forecasters say we are already missing targets we have set, and things will only get worse. So tonight On The Last Day of a record hot, july, we are going to spend the first half hour of the programme with an expert panel. Lets bring in independent Environment Analyst and former bbc correspondent, roger harrabin, earth system scientist, Aaron Thierry, and founder of consultancy firm, akap energy, anish kapadia, and also energy economist, dr Carole Nakhle at the university of surrey. Roger, theres been so much this month roger, theres been so much this month in roger, theres been so much this month in terms of the roger, theres been so much this month in terms 0 roger, theres been so much this month in terms 0 month in terms of the wildfires in the heat weve month in terms of the wildfires in the heat weve witnessed month in terms of the wildfires in the heat weve witnessed her month in terms of the wildfires in the heat weve witnessed her the | the heat weve witnessed her the world, but also various reports but perhaps you can sum up at the end of july. Last week, we have an admission from professor sir paul watson, who is a former head of the Governmental Panel on but there are unforeseen is the consequences that would flow from that and he told me he thought that was extremely alarming. Theyre now using the word scared by what is happening because happening so very fast. I want to say this message we havent had a Temperature Rise about one point she celsius. We are projected to go to three celsius. Based on what we know now who in our audience is going to put up their hand and say its a really good idea to a three � s cells is increased and just see how we can on. Yet governments all seem to have taken it thats seriously and are moving on with policies that frankly are just far too slow. On with policies that frankly are just far too slow. Underpinning the olitics of just far too slow. Underpinning the politics of the just far too slow. Underpinning the politics of the moment just far too slow. Underpinning the politics of the moment is just far too slow. Underpinning the politics of the moment is the just far too slow. Underpinning the politics of the moment is the cost l politics of the moment is the cost to the taxpayer. He said in his first energy that we need a Just Transition to ensure green measures retain public support. Before we talk about oil and gas, do you think we have a Just Transition at the moment . We have a Ust Transition at the moment . , we have a Ust Transition at the moment . We have a Ust Transition at the moment . ,. , , moment . Definitely not because it means you moment . Definitely not because it means you bring moment . Definitely not because it means you bring everybody moment . Definitely not because it means you bring everybody on moment . Definitely not because it i means you bring everybody on board, all around means you bring everybody on board, all Around The World. Theres agreed to all Around The World. Theres agreed to clear all Around The World. Theres agreed to clear divide between the countries to clear divide between the countries with. But along in the uk. Also increase, and there was a major outcry also increase, and there was a major outcry in also increase, and there was a major outcry in the also increase, and there was a major outcry in the uk where people were terrified outcry in the uk where people were terrified by the increase of poverty terrified by the increase of poverty. Nobody was talking about climate poverty. Nobody was talking about Climate Change concerns, especially looking Climate Change concerns, especially looking at Climate Change concerns, especially looking at the average person. Many parts of looking at the average person. Many parts of the looking at the average person. Many parts of the world were concerned about parts of the world were concerned about high parts of the world were concerned about high energy bills, and this is still a about high energy bills, and this is still a concern today. We can talk about still a concern today. We can talk about this still a concern today. We can talk about this issue as well. The Energy Transition is about this issue as well. The Energy Transition is also going to be insensitive. Its not the word countries insensitive. Its not the word countries in africa, it is the rich people countries in africa, it is the rich people in countries in africa, it is the rich people in the developed countries that could use them in those poor countries that could use them in those poor countries. This is far from being a just energy countries. This is far from being a just Energy Transition. Just Energy Transition. Lets start with the announcement just Energy Transition. Lets start with the announcement that just Energy Transition. Lets start with the announcement that one | just Energy Transition. Lets start l with the announcement that one of the things that the Prime Minister is saying is that in the mix of energy that the uk has, oil and gas still plays a prominent part. The we all know what happens, so my question is hundreds of new licenses, does not necessarily guarantee that our Energy Prices will come down . I guarantee that our Energy Prices will come down . Guarantee that our Energy Prices will come down . I think the Prime Ministers got will come down . I think the Prime Ministers got it will come down . I think the Prime Ministers got it correct will come down . I think the Prime Ministers got it correct in will come down . I think the Prime Ministers got it correct in terms l ministers got it correct in terms of what ministers got it correct in terms of what hes ministers got it correct in terms of what hes trying ministers got it correct in terms of what hes trying to ministers got it correct in terms of what hes trying to do. Ministers got it correct in terms of what hes trying to do. By of what hes trying to do. By producing of what hes trying to do. By producing more of what hes trying to do. By producing more oil of what hes trying to do. By producing more oil and of what hes trying to do. By producing more oil and gas. Of what hes trying to do. Byl producing more oil and gas in of what hes trying to do. By producing more oil and gas in this country. Producing more oil and gas in this country. It producing more oil and gas in this country, it doesnt producing more oil and gas in this country, it doesnt mean producing more oil and gas in this country, it doesnt mean we producing more oil and gas in this country, it doesnt mean we will. Producing more oil and gas in this. Country, it doesnt mean we will use more country, it doesnt mean we will use more it country, it doesnt mean we will use more it means country, it doesnt mean we will use more. It means were country, it doesnt mean we will use more. It means were going country, it doesnt mean we will use more. It means were going to country, it doesnt mean we will use i more. It means were going to reduce the cost more. It means were going to reduce the cost of more. It means were going to reduce the cost of the more. It means were going to reduce the cost of the gas more. It means were going to reduce the cost of the gas and more. It means were going to reduce the cost of the gas and oil more. It means were going to reduce the cost of the gas and oil that the cost of the gas and oil that were the cost of the gas and oil that were using the cost of the gas and oil that were using in the cost of the gas and oil that were using in this the cost of the gas and oil that were using in this country. Were using in this country. The cost were using in this country. The cost of were using in this country. The cost of producing were using in this country. The cost of producing that, were using in this country. The cost of producing that, the were using in this country. The cost of producing that, the revenues from that cost of producing that, the revenues from that are cost of producing that, the revenues from that are going cost of producing that, the revenues from that are going to cost of producing that, the revenues from that are going to go cost of producing that, the revenues from that are going to go to cost of producing that, the revenues from that are going to go to the from that are going to go to the taxpayers. From that are going to go to the taxpayers, and were from that are going to go to the taxpayers, and were going to l from that are going to go to the taxpayers, and were going to create more taxpayers, and were going to create more security taxpayers, and were going to create more security of taxpayers, and were going to create more security of supply taxpayers, and were going to create more security of supply as taxpayers, and were going to create more security of supply as well taxpayers, and were going to create more security of supply as well for. More security of supply as well for issues more security of supply as well for issues likely more security of supply as well for issues likely seen more security of supply as well for issues likely seen last more security of supply as well for issues likely seen last year more security of supply as well for issues likely seen last year with i issues likely seen last year with russia issues likely seen last year with russia so issues likely seen last year with russia so i issues likely seen last year with russia. So i think issues likely seen last year with russia. So i think the issues likely seen last year with russia. So i think the premise i issues likely seen last year withl russia. So i think the premise of what russia. So i think the premise of what was russia. So i think the premise of what was sunaks russia. So i think the premise of what was sunaks trying russia. So i think the premise of what was sunaks trying to russia. So i think the premise of what was sunaks trying to do i russia. So i think the premise of what was sunaks trying to do makes a lot of what was sunaks trying to do makes a lot of sense, what was sunaks trying to do makes a lot of sense, but what was sunaks trying to do makes a lot of sense, but i what was sunaks trying to do makes a lot of sense, but i think a lot of sense, but i think weve had a a lot of sense, but i think weve had a disjointed a lot of sense, but i think weve had a disjointed policy a lot of sense, but i think weve had a disjointed policy for a lot of sense, but i think weve had a disjointed policy for a i a lot of sense, but i think weve i had a disjointed policy for a number of years had a disjointed policy for a number of years the had a disjointed policy for a number of years. The government had a disjointed policy for a number of years. The government is had a disjointed policy for a number of years. The government is now. Of years. The government is now granting of years. The government is now granting licenses of years. The government is now granting licenses after of years. The government is now granting licenses after imposing | granting licenses after imposing massive granting licenses after imposing massive windfall granting licenses after imposing massive Windfall Taxes granting licenses after imposing massive Windfall Taxes on granting licenses after imposing i massive Windfall Taxes on Companies Last year~ massive Windfall Taxes on Companies Last year~ in massive Windfall Taxes on Companies Last year. In continuing massive Windfall Taxes on Companies Last year. In continuing to massive Windfall Taxes on Companies Last year. In continuing to impose i last year. In continuing to impose those last year. In continuing to impose those taxes last year. In continuing to impose those taxes at last year. In continuing to impose those taxes at the last year. In continuing to impose those taxes at the crisis. Last year. In continuing to impose those taxes at the crisis. Even i those taxes at the crisis. Even though those taxes at the crisis. Even though these those taxes at the crisis. Even though these polities those taxes at the crisis. Even though these polities are i those taxes at the crisis. Even i though these polities are coming into place though these polities are coming into place that though these polities are coming into place that should though these polities are coming | into place that should supposedly lower into place that should supposedly lower oil into place that should supposedly lower oil and into place that should supposedly lower oil and gas into place that should supposedly lower oil and gas prices, into place that should supposedly lower oil and gas prices, i into place that should supposedly lower oil and gas prices, i think. Lower oil and gas prices, i think the problem lower oil and gas prices, i think the problem is lower oil and gas prices, i think the problem is that lower oil and gas prices, i think the problem is that the lower oil and gas prices, i think the problem is that the Investment Climate the problem is that the Investment Climate has the problem is that the Investment Climate has been the problem is that the Investment Climate has been created the problem is that the Investment Climate has been created by the problem is that the Investment Climate has been created by the i climate has been created by the government climate has been created by the government over climate has been created by the government over the climate has been created by the government over the last climate has been created by the government over the last few. Climate has been created by the i government over the last few years but over government over the last few years but over the government over the last few years but over the last government over the last few years but over the last few government over the last few years but over the last few decades i government over the last few years but over the last few decades as i but over the last few decades as well, but over the last few decades as well, of but over the last few decades as well, of constantly but over the last few decades as well, of constantly changing i but over the last few decades as well, of constantly changing the| well, of constantly changing the terms. Well, of constantly changing the terms. Makes well, of constantly changing the terms, makes it well, of constantly changing the terms, makes it pretty well, of constantly changing the terms, makes it pretty difficultl well, of constantly changing the i terms, makes it pretty difficult for any companies terms, makes it pretty difficult for any companies to terms, makes it pretty difficult for any companies to want terms, makes it pretty difficult for any companies to want to terms, makes it pretty difficult for any companies to want to invest. Terms, makes it pretty difficult forj any companies to wan