Summary
Donald Trump criticized the U.K.'s renewable energy focus, calling to “open up” North Sea oil production and abandon wind turbines.
His comments followed reports of declining North Sea oil production and U.S. company Apache’s planned exit by 2029.
Oil firms have reduced investments due to higher taxes and declining resources, while the U.K. aims to decarbonize its energy sector by 2030, expanding offshore wind power.
However, the offshore wind industry faces financial challenges, including rising costs and reduced investments, prompting debates on balancing energy security and green transition goals.
If your daily cost of living is met and your lifestyle doesn’t change between 75m and 1b what is the actual difference besides the paper in a bag/vault? It’s the same reason I don’t understand why billionaires always want more…elon having 5b and 500b doesn’t change what it’s like to live and travel and have access. Once you’re over a certain threshold, having more doesn’t actually mean doing more.