this post was submitted on 06 Jul 2023
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I've no doubt that this guy is being entirely self-serving and disingenuous, but the sad fact is that the UK still does still import half of its oil and gas.
Plus side of reducing oil production is that prices will go up and will drive the introduction of renewables as they become attractive and help save the world.
Downside is that we will all feel poorer during this transition
I'm in favour of cutting, but it's important to be clear about the implications.
We need big companies to really champion the move to green tech and renewables, and reinvest some of the profit. I don't think customers should shoulder the burden when you consider the last few years of recoding breaking profits