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Keir Starmer confirms Labour will honour Tories' approval of Rosebank oil field

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Keir Starmer confirms Labour will honour Tories' approval of Rosebank oil field
United Kingdom Latest News,United Kingdom Headlines

KEIR Starmer has confirmed that a Labour government at Westminster would honour the Tories’ decision to approve the Rosebank oil field ...

and that's why the second of the missions that I set out is for clean power by 2030 – which is really difficult. “The reason for that is cheaper bills and security – so [Vladimir] Putin can't put his boot on our throat.

” Ed Miliband, Labour’s shadow energy secretary, attacked the Rosebank oil field earlier in 2023 as a “colossal waste of taxpayer money and climate vandalism”. Miliband highlighted how £3.75 billion “of taxpayer subsidy which could have been invested in renewables” was to be handed to the project, adding: “Eighty per cent of oil exported, not a penny off bills, equivalent to half all UK emissions for a year.” Asked if Miliband’s criticism had been wrong, Starmer said the “chopping and changing, the lack of strategic thinking” had prevented growth. He went on:"Therefore as a matter of principle we will accept the baseline that we inherit from the government if we win that election … in order to ensure we have the stability that we desperately need in ourLabour MPs on the left of the party, such as Beth Winter and Richard Burgon, condemned the decision. Winter wrote:"We must cancel Rosebank. And we need a clean energy movement that makes that happen."have spoken out against the development, but there has as yet been no word from the group’s leadership.Leonard said the Rosebank approval was “nothing short of criminal”, while Lennon said it showed “the UK Government is intent on committing ecocide”. She added: “Approving Rosebank is catastrophic for the climate and nature. There will be no just transition for workers. We can’t let them away with this.” Rosebank is one of the largest untapped oil fields in UK waters. Itcould produce 69,000 barrels of oil per day, about 8% of the UK’s projected daily output between 2026 and 2030, and could also produce 44 million cubic feet of gas every day, according to its owners. Ithaca Energy and Equinor said that the field is expected to start producing in 2026-2027, with the project supporting around 1600 at its peak during construction, and long-term will supply around 450 jobs.

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