Fossil Fuels: Investment
The question
To ask the Secretary of State for Energy Security and Net Zero, what estimate his Department has made of the investment by oil and gas operators in the UK’s energy transition.
Answered by Michael Shanks
We recognise that various oil and gas operators are part of integrated energy companies that invest across a range of technologies in the UK and elsewhere. The department does not measure or track investments in the energy transition made by private sector oil and gas companies operating in the UK Continental Shelf.
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