The Fort Worth Press - UK denies climate retreat despite rethink on fossil fuels

USD -
AED 3.672497
AFN 64.497705
ALL 80.938098
AMD 360.576387
ANG 1.789785
AOA 917.999659
ARS 1545.664985
AUD 1.446355
AWG 1.8025
AZN 1.693911
BAM 1.743425
BBD 2.008887
BDT 123.879606
BGN 1.747831
BHD 0.376622
BIF 2990.256817
BMD 1
BND 1.276598
BOB 11.853793
BRL 5.5111
BSD 0.997402
BTN 93.614366
BWP 13.704149
BYN 2.9865
BYR 19600
BZD 2.006035
CAD 1.41282
CDF 2291.000046
CHF 0.81945
CLF 0.024615
CLP 968.769873
CNY 6.672798
CNH 6.66593
COP 3276.15
CRC 451.767894
CUC 1
CUP 23.937993
CVE 98.289855
CZK 21.6576
DJF 177.613956
DKK 6.65309
DOP 60.687368
DZD 136.070906
EGP 53.559197
ERN 15
ETB 161.150395
EUR 0.89004
FJD 2.251799
FKP 0.745155
GBP 0.744305
GEL 2.589795
GGP 0.745155
GHS 11.655012
GIP 0.745155
GMD 73.999908
GNF 8836.612261
GTQ 7.621578
GYD 209.09492
HKD 7.844715
HNL 26.806973
HRK 6.76901
HTG 130.734569
HUF 322.684503
IDR 18089.2
ILS 3.15387
IMP 0.745155
INR 93.4657
IQD 1515
IRR 1902285.492558
ISK 122.110336
JEP 0.745155
JMD 158.448586
JOD 0.709028
JPY 158.109499
KES 129.920217
KGS 87.450257
KHR 4070.189826
KMF 438.999615
KPW 899.999961
KRW 1338.635023
KWD 0.31075
KYD 0.831242
KZT 447.498028
LAK 22500.000227
LBP 89319.272786
LKR 331.641135
LRD 169.5645
LSL 16.470101
LTL 2.95274
LVL 0.60489
LYD 6.409256
MAD 9.744659
MDL 17.9789
MGA 4595.000163
MKD 54.768494
MMK 2099.696522
MNT 3601.450067
MOP 8.055785
MRU 40.486176
MUR 46.920461
MVR 15.409725
MWK 1729.518682
MXN 18.476175
MYR 4.054031
MZN 63.910107
NAD 16.469713
NGN 1346.610419
NIO 36.620288
NOK 9.43472
NPR 149.780494
NZD 1.77489
OMR 0.384494
PAB 0.997491
PEN 3.432117
PGK 4.489499
PHP 62.861503
PKR 276.599085
PLN 3.900979
PYG 6234.539563
QAR 3.646056
RON 4.755019
RSD 104.681993
RUB 82.738986
RWF 1475.64438
SAR 3.760416
SBD 8.097299
SCR 13.876258
SDG 601.514208
SEK 9.78125
SGD 1.27763
SHP 0.744075
SLE 22.950245
SLL 20969.504398
SOS 570.058343
SRD 37.552024
STD 20697.981008
STN 21.839608
SVC 8.727821
SYP 13001.999685
SZL 16.397096
THB 33.394013
TJS 9.156323
TMT 3.51
TND 3.007505
TOP 2.40776
TRY 50.232335
TTD 6.76493
TWD 32.909298
TZS 2644.998013
UAH 45.437804
UGX 4084.37961
UYU 40.220535
UZS 11964.539608
VES 897.18025
VND 25604.5
VUV 120.001108
WST 2.780103
XAF 583.827893
XAG 0.019068
XAU 0.000244165065
XCD 2.70255
XCG 1.797623
XDR 0.707052
XOF 583.827893
XPF 106.750032
YER 236.515562
ZAR 16.38172
ZMK 9001.200677
ZMW 20.272505
ZWL 321.999592
SSP 5745.814556
MXV 2.076518
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

UK denies climate retreat despite rethink on fossil fuels
UK denies climate retreat despite rethink on fossil fuels

UK denies climate retreat despite rethink on fossil fuels

Britain insisted Thursday it was sticking to its climate change goals despite unveiling a new energy strategy that foresees new drilling for North Sea fossil fuels.

Text size:

After weeks of cabinet infighting, the government finally released its strategy as Britons struggle with soaring energy prices following Russia's invasion of Ukraine.

The plan envisions eight new nuclear power stations, a five-fold increase in solar and enough electricity from offshore wind to power every UK home by 2030.

But to the dismay of environmentalists, the politically charged problem of onshore wind turbines -- cheaper and quicker to build than offshore -- was left on the backburner.

And campaign groups said plans to offer new licences to drill for North Sea oil and gas made a mockery of Prime Minister Boris Johnson's legally enshrined commitment to make Britain carbon net zero by 2050.

"This isn't an energy security strategy and will do nothing to bring down energy bills," argued Ed Matthew, campaigns director at climate change think tank E3G.

"It is a national security threat and the person who will be happiest with it is (Russian President) Vladimir Putin," he said.

But the government says the market shock from sanctions on Russia has forced a temporary reappraisal of fossil fuels, as Britons confront the worst cost-of-living crisis since the 1950s.

Business and Energy Secretary Kwasi Kwarteng denied the government had turned its back on net zero.

"Not at all," he told Sky News. "It's still in the law of the land, we're focused on that.

"But of course given what's happening around the world, given the pressure on energy prices, we're also doing lots of other things to make sure we get energy independence back into the UK," he said.

The government acknowledges that the strategy will do little to curb household energy bills in the near term, which Johnson said had "absolutely soared" after Putin's invasion of Ukraine.

- 'Madness' -

But in a social media video promoting the new strategy, the prime minister stressed: "We just can't carry on like this."

The plan would make British energy "cleaner, more affordable and more secure", he said.

Johnson vowed that "instead of a new reactor every decade, we will have a new reactor every year".

He went on to visit a new nuclear plant under construction at Hinkley Point in southwest England -- which is years overdue and billions over budget.

The plan flagged a new competition to find UK manufacturers of electric heat pumps -- which are much more efficient than gas-fired household boilers, but also much more expensive.

Otherwise, as critics noted, it had nothing to say about cutting down on energy wastage and improving efficiency in homes, after the finance ministry reportedly vetoed new spending on that front.

"This strategy comprehensively fails to stand up to Putin's violence, to take the sting out of soaring energy bills, or take control of the spiralling climate crisis," said Rebecca Newsom, head of politics at Greenpeace UK.

United Nations secretary-general Antonio Guterres, marking the launch Monday of the latest UN report on climate change, said it was "moral and economic madness" to invest any more in fossil fuels.

The 3,000-page report warned that countries risk ending up with trillions in worthless assets such as offshore platforms and pipelines when demand for fossil fuels wanes in coming decades.

For the UK government, however, political pressure to tackle the energy crisis has been heating up ahead of nationwide local elections on May 5.

Ed Miliband, climate spokesman for the opposition Labour party, said Conservative backbenchers opposed to onshore turbines in rural England were "holding the government's energy policy to ransom".

"And people are paying higher bills as a result," he told BBC radio.

J.Barnes--TFWP