North Sea plan permits new drilling on existing fields and no big shifts to clean energy

‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategyBudget 2025 – live updatesThe energy secretary, Ed Miliband, has returned from the Cop30 climate conference in Brazil, where he championed the UK’s world-leading promise to ban all new oil and gas licences and backed the call for a blueprint to “transition away from fossil fuels”.Back at home, the government says it is sticking to its manifesto pledge by becoming the first major economy to have a 1.5C- and climate science-aligned no new licences position, but it plans to allow some new drilling in oil and gas fields that have existing licenses. Continue reading...