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Labour Looks to Balance Oil and Gas Revenue With Green Energy Expansion

Labour Looks to Balance Oil and Gas Revenue With Green Energy Expansion

Following the Labour Party’s landslide victory in the U.K. at the beginning of July, several changes are expected to be introduced in the country’s energy sector. Environmentalists hope the change in government will bring greater support for green energy projects and help curb fossil fuel activities, as it moves in a different direction from the Conservative Party. However, there are several challenges facing the Labour government when it comes to the energy transition, including local support for energy projects and investment in transmission…

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