UKBadenoch pledges to get all oil and gas out of the North SeaKemi Badenoch has pledged to scrap all net zero rules on North Sea oil and gas if elected, shifting Tory policy to “maximise extraction.” She argues the current regime raises bills and weakens energy security. Farage: Reform will end green energy subsidies “in full”Nigel Farage pledged to scrap “wasteful” net zero policies, restart UK oil and gas production, and cut renewables subsidies in full, calling for cheap energy and re-industrialisation. Conference delegates voted to repeal the Climate Change Act and abolish DESNZ, replacing it with a new body focused on energy sovereignty and affordability. New Lloyds of London boss gives greenlight to hydrocarbonsThe new chief executive of Lloyd’s of London has set out plans to grant “more freedom” to insurers, scrapping his predecessor’s commitment to end their coverage of the most polluting fossil fuels. Patrick Tiernan told the FT that Lloyd’s will no longer ask insurers to stop providing insurance cover for coal or other fossil fuels, saying “Lloyd’s strength is that it’s apolitical. It’s important we don’t wade into issues we don’t need to ..." Chambers boss: Aberdeen has been deemed expendable in race to Net Zero Aberdeen risks becoming “collateral damage” in the rush to net zero, warns Chamber chief Russell Borthwick, with nearly 1,000 North Sea jobs set to go each month. He criticised government inaction on industry-backed transition plans and called for urgent reform of the windfall tax to avoid repeating the mistakes of the 1980s. Refinery workers rally outside Parliament to save plantLindsey Oil Refinery workers protested outside Parliament, urging government action to save 450 jobs after the site was placed in liquidation. Unite warned of major fuel supply impacts and slammed the lack of a transition plan. Ministers say bids are being considered and workers will receive retraining support. Tory climate split widensThe Conservative Environment Network, backed by nearly half of Tory MPs, has called for stronger enforcement of Net Zero targets—including more power for courts and quangos. The move puts it on a collision course with party leader Kemi Badenoch, who this week pledged to scrap green rules and prioritise North Sea oil and gas.
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