British Prime Minister Johnson Wants to Continue Extracting Oil and Gas in the North Sea
British Prime Minister Boris Johnson wants to continue extracting oil and gas in the North Sea to tackle the rising cost of living in the United Kingdom. Johnson also calls on energy companies to continue investing in fossil fuels.
“I don't think we can turn our backs on fossil fuels completely,” Johnson said in an interview with Bloomberg TV. “The UK has a thriving industry in the North East of Scotland. That is very important and we have to keep it up.”
In his drive to lower the cost of energy by increasing supply, Johnson also emphasized the importance of further investment in green technology and renewable energy sources. “To tackle inflation in the medium term, you have to solve supply-side problems,” he said. “So we need the energy companies to invest a little more in fossi...