Energy HQ will bring huge number of Scottish jobs

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Labour plans to create a publicly-owned company called Great British Energy based in Scotland.

Labour will bring a "huge number" of skilled jobs to Scotland by basing the HQ of its new energy company there, Sir Keir Starmer says.

Labour would fund the company through a windfall tax on oil and gas firms, which they said would raise £8.3bn over the next five years. She added: "We all know that we need to reach net zero, but Labour appears to be saying to workers you’ll lose your jobs now - but there may be some jobs in 10 years time if you hold on."

"The question is what we do about the transition, with oil and gas for decades to come as part of the mix.” “How are we going to be able to buy and sell energy more cheaply than the very competitive energy market we now have?The Liberal Democrats have pledged to invest significantly in renewable power so that 80% of the UK’s electricity is generated from renewables by 2030.

 

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