The government will make it illegal to grant new oil and gas licences in the North Sea, the King said at the state opening of Parliament, in a sign ministers are refusing to buckle in the face of a barrage of criticism that the policy is depriving the UK of billions of pounds in tax receipts without helping the environment.
READ MORE: https://www.zerohedge.com/energy/uk-moves-ban-new-north-sea-oil-gas-licenses-permanently
