Renewable Energy
The question
To ask the Secretary of State for Energy Security and Net Zero, what discussions he has had with BP on the company's new strategy to prioritise oil and gas production over investment in renewable energy; and whether he has made an assessment of the potential impact of this decision on the Government's green strategy.
Answered by Michael Shanks
We have noted the changes bp is making to its strategy. Such decisions are a commercial matter for the company.
The Government is unable to assess the potential future impact of the new strategy on the UK as it relates to the company’s global business rather than being focused on activities in this country. However we welcome the significant investment bp is continuing to plan to make in low carbon projects in the UK, including in the East Coast Cluster.
Existing regulation of emissions from bp’s activities in the UK remain unchanged.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →