Green energy entrepreneur calls on UK to subsidise North Sea oil and gas firms

<p>Dale Vince urges ministers to ‘optimise’ resources in fossil fuel basin to help smooth transition to renewables</p><p>One of Britain’s leading green industrialists has called on the government to offer subsidies to North Sea oil companies to help support a “just transition” to renewables.</p><p>Dale Vince, a Labour donor, urged ministers to “optimise” the remaining resources of the declining oil basin as the UK reduces its reliance on fossil fuels. The party has pledged to <a href="https://www.theguardian.com/business/2025/mar/05/ban-on-new-drilling-confirmed-as-ministers-consult-on-north-sea-clean-energy-future">ban new North Sea oil and gas projects</a>.</p> <a href="https://www.theguardian.com/business/2025/sep/11/green-energy-entrepreneurs-urge-uk-allow-new-north-sea-oil-gas-projects">Continue reading...</a>