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Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline in the north sea no matter what the Government Policy is it simply because there is not as much gas and oil as 50 years ago when we started extracting. What is left in the north sea is mostly oil. This is mostly exported, so there is little benefit to our bills from more extraction and in a cost of living crisis bills are a strong priority for the public. It is a strange decision ....
There s a loophole in the windfall tax at the moment where the taxpayer is actually subsidising more northerly oil extraction of oil and gas. to the tune of 91p back for every pound they spend. now, everyone will have seen the huge profits that these companies have been raking in over the past year or so. and starting to think that that s probably not the best approach. so there s definitely subsidies which are questionable during a time when there s heat waves and wildfires and everything else going on in the world. but the real key is that this won t bring down our bills anyway, and it s just going to give more money to these oil and gas companies. so it s not going to help with bills or with our energy security. yeah. and as you said, that could be interesting ahead of what could be a general election year next year. now, talk to me, though, about carbon capture because relatively new technology, but being deployed on a growing scale, what difference does this make? well, carbon cap ....
The key is this won t bring down bills any way, it will give more money to oil and gas uk companies so it won t help with bills or our energy security. that could be interesting ahead of a general election year. talk to me about carbon capture, relatively new technology being deployed on a growing scale. what difference does it make? carbon capture and storage technology is a new technology, all the experts agree we will need some as we head up agree we will need some as we head up to 2050 and net zero for those hard to treat areas like manufacturing where there could be residual carbon emissions. the scale of how much we will need and how much it will cost are still unknown. the uk is positioning itself as a leader when it comes to this technology and we have some natural advantages because of our caverns, the geology of the north sea. but it is a gamble to take taxpayer ....
Technical Innovation and Embedded Artificial Intelligence Enable Global Organizations Like Boeing and Mondelēz International to Meet the Growing Scale and Complexity of Large Enterprise. ....
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