Ramping up production from the UK’s oil and gas fields in the North Sea could help ease the pain of high fuel prices in the short term but should not be seen as a long-term solution to Britain’s energy woes, experts have warned.
Lord Adair Turner, former CBI chief and former chair of the Committee on Climate Change, now chair of the Energy Transitions Commission thinktank, said the prime minister’s plan to produce more oil and gas now marked a sensible move, but he cautioned against those who saw a continued future in increased production.
