Coronavirus: 'Thousands' of North Sea oil and gas jobs under threat
The predicted job losses represent about one in five of the 151,000 people employed directly or indirectly by the sector.
"If the UK is to maintain its supply of domestic energy, protect jobs and build the critical infrastructure it needs to transition to a net-zero future, ours is an industry worth fighting for." It calls for the addressing of the industry's immediate needs, followed by its industrial recovery and then an accelerated transition to net-zero greenhouse gas emissions.Image copyrightA slump in oil prices is normally a cause for celebration in gas-guzzling nations. The average American burns through 10 litres of oil or oil products per day in normal times.
It's easy to see why oil is referred to as black gold. When the price was riding high, oil revenues filled the coffers of companies and governments in the countries that produce it. That kept people fed and public services flourishing.But green groups say any government support for oil and gas has to come with strings attached.
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