UK Government slammed for losing out on £500bn North Sea wealth fund
If a North Sea wealth fund had been set up in the 1980s, it would be worth over half a trillion pounds today, the IPPR estimates
THE UK GOVERNMENT missed its chance to establish a wealth fund based around North Sea oil which would today be worth over £500bn, according to the Institute for Public Policy Research (IPPR).
Pay offshore seafarers the minimum wage, union demands
RMT today engaged in protests in Aberdeen following revelation that UK Government guidance on fair pay will not affect those working in UK waters
THE NATIONAL UNION OF RAIL, MARITIME AND TRANSPORT WORKERS (RMT) carried out protests in Aberdeen today (26 February), calling for the enforcement of the national minimum wage (NMW) for seafarers on commercial vessels in the North Sea.
Abandon North Sea decommissioning and invest in renewables, argues new report
Scottish think tank attracts controversy by proposing that old oil and gas platforms not be dismantled
A NEW REPORT from the pro-independence think tank Options for Scotland has proposed that North Sea oil and gas rigs should be cleaned up but not decommissioned, and that the money saved should be reinvested in green energy.
Alex Salmond calls for North Sea oil to benefit "the people"
Former first minister criticises UK Government’s handling of the North Sea sector, but is rebuked by Scottish environmentalists
FORMER FIRST MINISTER ALEX SALMOND has called for North Sea oil and gas to benefit “the workers, the communities and the people” over the next several decades.
SNP underwhelmed by UK Government's North Sea investment
SNP energy spokesperson calls £5m investment in oil and gas exploration “a very small step”
THE UK GOVERNMENT’S recently announced £5m investment in North Sea oil and gas exploration fails to address industry concerns, SNP Westminster energy spokesperson Drew Hendry has said.
Opposition parties demand further action on fuel poverty
748,000 individuals and families in Scotland spend more than 10 per cent of their income on heating
HOLYROOD’s four opposition parties have demanded more radical action on fuel poverty from the Scottish Government.
Scottish Green energy spokesperson Mark Russell, Scottish Liberal Democrat energy spokesperson Liam McArthur, Scottish Labour interim leader Alex Rowley and Scottish Conservative housing spokesperson Graham Simpson have sent a joint letter to Housing Minister Kevin Stewart outlining their shared position.
Offshore windfarm projected to bring 2000 jobs to Scotland
A study from the Fraser of Allander Institute indicates a new windfarm off the coast of Fife could boost employment, but the project faces legal challenge from RSPB
A NEW STUDY from the Fraser of Allander Institute has reported that the proposed Neart na Gaoithe (NnG) offshore windfarm project could support 2,000 jobs for every year of its estimated four-year construction, as well an average of 236 further jobs annually throughout the project’s lifespan.