Meeting of the Parliament 06 December 2022
The member’s intervention rather contradicts the quotes that I gave earlier. However, the point is that we all went to see a just transition, because the cost to the up to 100,000 workers in or connected with the oil and gas industry, around 70,000 of whom are located in Scotland, would be considerable if we were to stop production right now. We all agree that there needs to be a just transition, as is mentioned in the Labour amendment, but that requires us to work with our North Sea industries and not against them.
Without the following—BP putting around £12 billion by 2030 into offshore wind, hydrogen, EV charge points and carbon capture; TotalEnergies ploughing more than half its research and development budget into pioneering new energies and reducing environmental footprint; Shell investing between £15 billion and £20 billion into low and zero-carbon products and services; and Neptune Energy achieving gold status under the UN environmental programme for its plans to reduce methane emissions—that transition simply will not happen.