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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 Live 20240604 16:11:00

about watering down green policies. does that make any sort of sense given the crosswords we are at? we are a given the crosswords we are at? - are a global organisation so we can t comment on individual countries, but let me put it this way. we identified in our last report that the current emissions that were tied up with existing fo55il that were tied up with existing fossil fuel re5erve5 that were tied up with existing fossil fuel reserves and infrastructure and would exhaust the carbon buttocks for budget for 1.5 degrees warming. it would not do it for 2 degrees warming, there would still be some space. it is not for “p still be some space. it is not for up to answer those questions, it is for the governments. some reserves will need to stay in the ground if you want to meet 1.5 degrees, so we did not ask the question should we or should we not be developing new reserves? we focus on reserve all much oil and gas can reserve burn in the future without a base in it? you

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