Extract from Lords debate on Global Energy Sector - June 15

Baroness Bennett of Manor Castle (GP):...The first is that the IEA very clearly says, as the noble Baroness highlighted, that pledges are just words, or hot air, without action. The report states that the nations of the world collectively fall well short of what is needed. One of the report’s top recommendations is that there should be no investment in new fossil fuel projects. It is quite horrifying that this report came to Alok Sharma, as chair of COP 26 and a government Minister, in May last year and since that time 50 new fossil fuel schemes have been approved in the UK, including the Abigail oil and gas field development, an extension to a coal extraction licence in south Wales, and the expansion of oil production in West Newton in east Yorkshire. The figure of 50 comes from mid-May; since then we have had the Jackdaw gas field, and there is the threat of the proposed Cumbria coal mine, all of which are new projects. I point to the conclusion of the Committee on Climate Change which states that extra extraction in the UK supports a larger global market for fossil fuels. The assessment of the climate campaign Uplift shows that 56 more projects could be approved between 2022 and 2025 because they started the process before the climate compatibility checks announced by the UK Government last year...

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