Energy secretary admits Rishi Sunak’s north sea oil expansion plans ‘won’t bring bills down’

The energy secretary has admitted that Rishi Sunak’s flagship energy policy will not bring household bills down. Claire Coutinho was quizzed about the government’s plans to expand North Sea oil and gas exploration expected to be announced in the King’s Speech tomorrow. The prime minister will declare the drive, which would invite annual applications for new licences to drill for oil and gas, will protect jobs and boost energy security “without adding undue burdens on households”. But as families continue to grapple with sky-high energy bills, Ms Couthinho admitted the plans "wouldn’t necessarily bring energy bills down". She said the measures were more to ensure "security" of energy supply, telling BBC Breakfast: "It wouldn’t necessarily bring energy bills down, that’s not what we’re saying, but it would as I say raise a significant amount of money that would help us for example fund public services, also fund transition into different forms of energy, for example, things like offshore wind and solar energy which more broadly and indirectly could help bring bills down."

https://www.independent.co.uk/news/uk/politics/energy-bills-oil-gas-sunak-net-zero-b2442312.html

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