Banning oil and gas licences: how brave and bold will Labour be?

In the wake of unfounded reports that Ed Miliband will announce a ban on new drilling in the North Sea [1], co-leader and MP for Bristol Central, Carla Denyer, has urged the energy secretary to do just that, and “send a clear signal to the fossil fuel industry that they have no future in the UK.” Denyer said:  

“It didn’t take long for the right wing press to come out waving the banner for the fossil fuel industry together with the usual round of scare stories about a dent to the economy and tax revenues if we don’t continue to burn oil and gas. Those cheerleading for oil and gas corporations must not be allowed to derail us from the path towards a green transition. That is where our future prosperity and thousands of good new jobs lies. We need to seize the opportunities that greening the economy will bring. 

“This is a test to see how brave and bold Labour will be and whether they will send a clear signal to the fossil fuel industry that they have no future in the UK. Ed Miliband certainly should ban all future licences for new North Sea oil and gas fields, and do so immediately.  

“The Green Party would like to see him go further by revoking the licence for Rosebank which has the potential for producing around 500 million climate-wrecking barrels of oil. We would also like to see a carbon tax on polluters to help drive the transition to cleaner and cheaper renewable sources of energy.”