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Sir Keir Starmer to announce new green energy deal to protect from ‘whims of dictators like Putin’ | Politics News

The Owner Press by The Owner Press
December 16, 2024
in Business News
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The prime minister is visiting Norway to launch a brand new inexperienced vitality deal earlier than attending a defence summit in Estonia.

Sir Keir Starmer will journey to a carbon seize and storage web site and meet his Norwegian counterpart Jonas Gahr Retailer to debate the brand new Inexperienced Industrial Partnership.

Quantity 10 stated each leaders intend to signal the deal in spring 2025.

Learn extra: Major shake-up of UK energy system could ‘lower bills for good’

Sir Keir stated the vitality partnership with Norway, which has a border with Russia, would assist to spice up development and shield towards spikes in worldwide vitality costs like these seen when President Vladimir Putin’s invasion of Ukraine.

“It should harness the UK’s distinctive potential to grow to be a world chief in carbon seize – from the North Sea to the coastal south – reigniting industrial heartlands and delivering on our plan for change,” he stated.

“Our partnership with Norway will make the UK extra vitality safe, making certain we’re by no means once more uncovered to worldwide vitality worth spikes and the whims of dictators like Putin.”

The announcement comes days after Labour signed the primary carbon seize utilization and storage (CCUS) contracts within the UK.

Learn extra: Labour has decided its colossal net zero plan is worth the risk

Carbon seize is seen by some as a manner of tackling local weather change, by eradicating carbon from the ambiance and storing it away.

Its critics, nevertheless, argue it permits massive polluters to hold on polluting and it’s way more environment friendly to easily scale back emissions within the first place.

The primary main business floating wind improvement in Europe, based mostly off the northeast coast of Scotland, additionally introduced new contracts to progress the undertaking.

It’s estimated the plant, which is a three way partnership between Norwegian Vargronn and UK agency Flotation Power, will ship energy to about a million properties when it begins working in 2028.

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Mr Gahr Retailer stated: “We’d like co-operation, information and innovation to higher equip us to face the longer term.

“The partnership with the UK might be necessary to facilitate extra inexperienced jobs each in Norway and the UK, and for advancing the inexperienced transition.”

The prime minister’s whistlestop tour by way of Norway and Estonia will see him be a part of leaders from the Netherlands, Latvia, Sweden, Denmark, Iceland, Finland and Lithuania in Tallinn to debate safety.

In the meantime, again within the UK, overseas secretary David Lammy and defence secretary John Healey will meet their Australian counterparts in London to debate shared safety challenges.

They’ll focus on cooperation on points together with Ukraine, the Center East and the Indo-Pacific.



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