In an effort to sustainably power Britain's future, it is equally important to strategically leverage all our energy resources. Alongside scaling up our investments and transitions into renewables and nuclear power, the government recognizes the vital role oil and gas currently play in our energy industries. Hence, we are providing robust backing to Britain's oil and gas sector. Our goal? To bolster domestic production right off our shores, all whilst ensuring to operate within sustainable boundaries. In the following discussion...
1. The UK is making strategic efforts to use all available energy resources to sustainably power the future.
2. There is an increase in investments and transitions into renewables and nuclear power.
3. The government acknowledges the key role oil and gas currently play in the country's energy industries, hence the robust support to these sectors.
4. The aim is to increase domestic production of oil and gas within sustainable boundaries.
5. Offshore oil and gas industry is important for the UK's energy security, job creation and economy, and will be crucial in transitioning smoothly to a greener energy future.
In 2019, oil and gas production accounted for 75% of the UK's total energy production.
In recent years, the UK has become a leading player in the global shift towards greener and more sustainable energy solutions. However, we recognize the pivotal role oil and gas have played, and will continue to play, in our nation's energy mix. The offshore oil and gas industry provides a significant portion of our energy needs, supports thousands of jobs, and contributes substantially to our economy. By backing this key sector, we aim to maintain energy security, limit reliance on imports, and transition smoothly to green energy future.