The government of Britain has stated that it will organize a worldwide summit on energy security with a strong emphasis on net zero.
The government of Britain has stated that it will organize a worldwide summit on energy security with a strong emphasis on net zero. At the London Energy Security Conference, which is scheduled for early in the next year, major oil firms will be among the attendees.
The event, according to Minister for Energy Security and Net Zero Grant Shapps, will bring together key decision-makers to restructure the global energy network.
“Global energy security and supply are interconnected, as history has demonstrated, most recently with the Russian invasion of Ukraine,” stated Minister Grant Shapps. Rapidly spreading shockwaves harm consumers and companies by driving up costs all across the world.
In order to safeguard the British population, we took immediate action, shutting off all Russian gas supplies, and laying out our plan for increasing domestic energy output in order to power up Britain.
“But energy security does not stop at our borders – our landmark London Energy Security Conference will bring together international governments and industry leaders to help rewire the global energy system and build collective resilience,” Shapps continued.
The goal, according to the administration, is to strengthen energy supply and strengthen the system’s “resilience to shocks.”
“Energy security does not stop at our borders,” Mr. Shapps added. To assist rebuild the world’s energy system and increase social resilience, “our landmark conference will bring together international governments and industry leaders.”
The UAE, Saudi Arabia, Qatar, and other Middle Eastern countries should be “in the room” during the “inclusive” negotiations, Mr. Shapps told Politico.
According to reports, Russia won’t be invited.
The goal of Prime Minister Rishi Sunak is to make net zero a major priority of his administration, which includes the London Energy Security Conference. A new department devoted to energy security and net zero was established at the beginning of the year after he reorganized his senior staff.
The global summit is also a hint to Mr. Sunak’s goals of giving Britain a more prominent leadership position on the world scene.
He said in June that his nation will hold the first ever international summit on artificial intelligence.
However, critics have slammed Mr. Sunak’s administration for announcing plans to issue hundreds of new oil and gas licenses in the North Sea, all the while he is moving forward with his green energy agenda.