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Green groups threaten legal challenges if new UK oil and gas licensing plans proceed

Greenpeace, Friends of the Earth, and Uplift warn they will launch legal action if government plans for new oil and gas licensing rounds go ahead ....

United Kingdom , North Sea , Oceans General , Grant Shapps , Business Secretary Grant Shapps , Oil And Gas , N Depth , Stranded Assets , Carbon Tracker ,

BBCNEWS BBC News June 4, 2024 11:19:00

Have stranded assets. we are seeing galvanising into these new clean, low carbon technologies, realising those are ones for the forward vision. a crucial is that investing into some of these ventures, particularly in the developing nations, where as we ve only seen about 2% of climate finance going into africa and that s an area where there are a lot of projects that can set up on the ground. unless we get multilateral banks involved with those areas and get guarantees and insurances, then it is quite high risk still. it is de risking those investments. risk still. it is de-risking those investments. risk still. it is de-risking those investments. ~ , . investments. must leave it there, but thank you investments. must leave it there, but thank you very investments. must leave it there, but thank you very much, - investments. must leave it there, but thank you very much, nicola i investments. must leave it there, i but thank you very much, nicola day from rathbone greenbank investm ....

Stranded Assets , Climate Finance , Nicola I Investments , Nicola Day , Rathbone Greenbank Investments , Energy System , Drone Strikes ,