Trending
- EU cracks down on Kenya’s rose exports over pest interceptions
- Nigeria’s trade activity dips in September as rising inflationary pressure bites
- South Sudan Economy Contracts 6 per cent From Low Oil Revenue and Floods
- AIM Congress 2025: Where delegates will have a front-row seat to the future of finance
- Mastercard Gateway to Drive Digital Payment Integration in 40 MENA Markets
- Ransomware attacks cost healthcare sector $2.57M in 2024 as cases increase
- Stable outlook from Moody’s signals optimism for EAIF’s infrastructure financing in Africa
- The battle for Africa’s resources: Can the continent use it to break free from poverty?
Browsing: King’s Speech and environmental policy
In a world grappling with the urgency of climate action, the UK has long been a beacon of progress in environmental policy. However, the European country appears to be taking a perplexing step in the opposite direction.
In his maiden speech on 07 November 2023, King Charles III unveiled his intention to further dilute environmental protection regulations. This motive was initiated by Prime Minister Rishi Sunak. In the plan, the moratorium on North Sea oil and gas extraction, lifted by Sunak in July, is set to be followed by a new law that mandates annual issuance of oil and gas drilling licenses in the North Sea. Sunak government’s argument revolves around protecting jobs, lowering dependence on foreign fuel, and enhancing energy security.…