UK's Boris Johnson , Says Oil and Gas Industries , Part of Move to Net Zero.<br />UK's Boris Johnson , Says Oil and Gas Industries , Part of Move to Net Zero.<br />Yahoo reports that oil and gas will continue to play a vital role in the UK's energy supply as the country moves towards net-zero carbon emissions. .<br />On February 8, British Prime Minister Boris Johnson led a discussion on UK energy security at his weekly Cabinet meeting in No 10 Downing Street. .<br />On February 8, British Prime Minister Boris Johnson led a discussion on UK energy security at his weekly Cabinet meeting in No 10 Downing Street. .<br />A spokesman reportedly said that while the UK is investing <br />in renewables, like nuclear and wind, the oil and gas <br />industry will play a vital role in the transition to net-zero. .<br />A spokesman reportedly said that while the UK is investing <br />in renewables, like nuclear and wind, the oil and gas <br />industry will play a vital role in the transition to net-zero. .<br />They are investing <br />in clean technologies like <br />carbon capture and hydrogen <br />that we need to get to net zero, Official spokesman for Prime Minister Boris Johnson, <br />via Yahoo.<br />They are investing <br />in clean technologies like <br />carbon capture and hydrogen <br />that we need to get to net zero, Official spokesman for Prime Minister Boris Johnson, <br />via Yahoo.<br />We know that having an element <br />of independence of oil and gas <br />is important. Sourcing gas locally <br />through the North Sea makes <br />us less dependent on foreign imports, Official spokesman for Prime Minister Boris Johnson, <br />via Yahoo.<br />According to the spokesman, <br />the UK's investment in renewables <br />is to provide enhanced security of supply. .<br />Coinciding with the statement from Downing Street, oil giant BP announced profits over $12.8 billion. .<br />However, Yahoo reports<br />there has been no indication <br />that the UK government would <br />support calls for a windfall <br />tax on fossil fuel firms. .<br />There is obviously volatility <br />in gas prices, you are seeing <br />that reflected in profits, Official spokesman for Prime Minister Boris Johnson, <br />via Yahoo.<br />I am not going to comment on <br />individual companies. Those that <br />perform well pay more in taxes, <br />including corporation tax, Official spokesman for Prime Minister Boris Johnson, <br />via Yahoo.<br />I am not going to comment on <br />individual companies. Those that <br />perform well pay more in taxes, <br />including corporation tax, Official spokesman for Prime Minister Boris Johnson, <br />via Yahoo
