drill, baby, drill — the republican slogan of 2018 — not exactly rishi sunak�*s policy in 2023, but not far off. the prime minister today announced that hundreds of new licences for oil and gas will be granted. good for energy security, he says, good for the environment, and better than shipping it halfway around the world. but will it bring down domestic energy prices and is the timing right? last week, a temperature buoy off the florida coast registered 38 degrees celsius — 101 degrees fahrenheit. and in iraq, the cradle of civilisation, the euphrates is now so dry there are whole villages on the move. july was the hottest month on record. have we already reached the point of no return? good evening, it's energy week here in the uk. the prime minister has today made a big commitment to?the?oil?and gas? industry. the?government is intending to issue hundreds of new licences to max

out north sea energy. it's also providing up to £20 billion for carbon capture projects, including the first in scotland, ?which the government says will?create 20,000 newjobs. 2050, when we are at net—zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. that's why technologies like carbon capture and storage are important. but what is important then as we get that oil and gas in the best possible way and that means getting it from here at home. the british government insists today's announcements are "entirely consistent" with it's commitment to reach net zero by 2050 which is set down in law. but the prime minister?stands accused?of watering down the government's?targets. miles behind in the polls he clearly sees an opportunity to take the fight to keir starmer. labour say they won't grant any new drilling licenses if they?win?the next election. the labour mayor in? london is imposing new costs?on the?drivers of polluting vehicles. the opposition?says their green

strategy will? create more jobs, and is more sustainable. i am astonished that rishi sunak is doubling down on his failing and weak policy on climate action. businesses and individuals, families have suffered 13 years of failing tory energy policy. that has left us the worst hit of any western european country during this energy crisis. suddenly the cost of going green, in a cost of living crisis, has become a wedge issue. not solely in the uk, there is a similar dividing line in the us overjoe biden�*s policies towards oil and gas. last week, in spain the hard right gained ground, pledging to roll back climate commitments. do we have the time for that? the scientists and the forecasters say we are already missing targets we have set, and things will only get worse. so tonight on the last day of a record hot, july, we are going to spend the first half hour of the programme with an expert panel.

let's bring in independent environment analyst and former bbc correspondent, roger harrabin, earth—system scientist, aaron thierry, and founder of consultancy firm, akap energy, anish kapadia, and also energy economist, dr carole nakhle at the university of surrey. roger, there's been so much this month_ roger, there's been so much this month in— roger, there's been so much this month in terms of the roger, there's been so much this month in terms 0— roger, there's been so much this month in terms 0 month in terms of the wildfires in the heat we've _ month in terms of the wildfires in the heat we've witnessed - month in terms of the wildfires in the heat we've witnessed her - month in terms of the wildfires in the heat we've witnessed her the | the heat we've witnessed her the world, but also various reports but perhaps you can sum up at the end of july. last week, we have an admission from professor sir paul watson, who is a former head of the governmental

panel on but there are unforeseen is the consequences that would flow from that and he told me he thought that was extremely alarming. they're now using the word scared by what is happening because happening so very fast. i want to say this message — we haven't had a temperature rise about one point she celsius. we are projected to go to three celsius. based on what we know now who in our audience is going to put up their hand and say it's a really good idea

to a three �*s cells is increased and just see how we can on. yet governments all seem to have taken it that's seriously and are moving on with policies that frankly are just far too slow.— on with policies that frankly are just far too slow. underpinning the olitics of just far too slow. underpinning the politics of the _ just far too slow. underpinning the politics of the moment _ just far too slow. underpinning the politics of the moment is - just far too slow. underpinning the politics of the moment is the - just far too slow. underpinning the politics of the moment is the cost l politics of the moment is the cost to the taxpayer. . he said in his first energy that we need a just transition to ensure green measures retain public support. before we talk about oil and gas, do you think we have a just transition at the moment? we have a 'ust transition at the moment? , , we have a 'ust transition at the moment?— we have a 'ust transition at the moment? , , ., , , moment? definitely not because it means you — moment? definitely not because it means you bring — moment? definitely not because it means you bring everybody - moment? definitely not because it means you bring everybody on - moment? definitely not because it i means you bring everybody on board, all around _ means you bring everybody on board, all around the world. there's agreed to -- _ all around the world. there's agreed to -- clear—

all around the world. there's agreed to —— clear divide between the countries _ to —— clear divide between the countries with. but along in the uk. also increase, and there was a major outcry— also increase, and there was a major outcry in _ also increase, and there was a major outcry in the — also increase, and there was a major outcry in the uk where people were terrified _ outcry in the uk where people were terrified by the increase of poverty _ terrified by the increase of poverty. nobody was talking about climate _ poverty. nobody was talking about climate change concerns, especially looking _ climate change concerns, especially looking at _ climate change concerns, especially looking at the average person. many parts of— looking at the average person. many parts of the — looking at the average person. many parts of the world were concerned about _ parts of the world were concerned about high— parts of the world were concerned about high energy bills, and this is still a _ about high energy bills, and this is still a concern today. we can talk about _ still a concern today. we can talk about this — still a concern today. we can talk about this issue as well. the energy transition is — about this issue as well. the energy transition is also going to be insensitive. it's not the word countries _ insensitive. it's not the word countries in africa, it is the rich people — countries in africa, it is the rich people in— countries in africa, it is the rich people in the developed countries that could use them in those poor countries —

that could use them in those poor countries. this is far from being a just energy— countries. this is far from being a just energy transition.— just energy transition. let's start with the announcement - just energy transition. let's start with the announcement that - just energy transition. let's start with the announcement that one | just energy transition. let's start l with the announcement that one of the things that the prime minister is saying is that in the mix of energy that the uk has, oil and gas still plays a prominent part. the we all know what happens, so my question is hundreds of new licenses, does not necessarily guarantee that our energy prices will come down? i guarantee that our energy prices will come down?— guarantee that our energy prices will come down? i think the prime minister's got _ will come down? i think the prime minister's got it _ will come down? i think the prime minister's got it correct _ will come down? i think the prime minister's got it correct in - will come down? i think the prime minister's got it correct in terms l minister's got it correct in terms of what — minister's got it correct in terms of what he's _ minister's got it correct in terms of what he's trying _ minister's got it correct in terms of what he's trying to _ minister's got it correct in terms of what he's trying to do. - minister's got it correct in terms of what he's trying to do. by - of what he's trying to do. by producing _ of what he's trying to do. by producing more _ of what he's trying to do. by producing more oil- of what he's trying to do. by producing more oil and - of what he's trying to do. by producing more oil and gas. of what he's trying to do. byl producing more oil and gas in of what he's trying to do. by - producing more oil and gas in this country. _ producing more oil and gas in this country. it— producing more oil and gas in this country, it doesn't _ producing more oil and gas in this country, it doesn't mean- producing more oil and gas in this country, it doesn't mean we - producing more oil and gas in this country, it doesn't mean we will. producing more oil and gas in this . country, it doesn't mean we will use more _ country, it doesn't mean we will use more it— country, it doesn't mean we will use more it means— country, it doesn't mean we will use more. it means we're _ country, it doesn't mean we will use more. it means we're going - country, it doesn't mean we will use more. it means we're going to - country, it doesn't mean we will use i more. it means we're going to reduce the cost _ more. it means we're going to reduce the cost of— more. it means we're going to reduce the cost of the — more. it means we're going to reduce the cost of the gas _ more. it means we're going to reduce the cost of the gas and _ more. it means we're going to reduce the cost of the gas and oil— more. it means we're going to reduce the cost of the gas and oil that - the cost of the gas and oil that we're — the cost of the gas and oil that we're using _ the cost of the gas and oil that we're using in— the cost of the gas and oil that we're using in this _ the cost of the gas and oil that we're using in this country. - we're using in this country. the cost _ we're using in this country. the cost of— we're using in this country. the cost of producing _ we're using in this country. the cost of producing that, - we're using in this country. the cost of producing that, the - we're using in this country. the - cost of producing that, the revenues from that— cost of producing that, the revenues from that are — cost of producing that, the revenues from that are going _ cost of producing that, the revenues from that are going to _ cost of producing that, the revenues from that are going to go _ cost of producing that, the revenues from that are going to go to - cost of producing that, the revenues from that are going to go to the - from that are going to go to the taxpayers. _ from that are going to go to the taxpayers, and we're _ from that are going to go to the taxpayers, and we're going to l from that are going to go to the - taxpayers, and we're going to create more _

taxpayers, and we're going to create more security— taxpayers, and we're going to create more security of— taxpayers, and we're going to create more security of supply _ taxpayers, and we're going to create more security of supply as _ taxpayers, and we're going to create more security of supply as well- taxpayers, and we're going to create more security of supply as well for. more security of supply as well for issues _ more security of supply as well for issues likely— more security of supply as well for issues likely seen _ more security of supply as well for issues likely seen last _ more security of supply as well for issues likely seen last year - more security of supply as well for issues likely seen last year with i issues likely seen last year with russia — issues likely seen last year with russia so _ issues likely seen last year with russia so i _ issues likely seen last year with russia. so i think— issues likely seen last year with russia. so i think the _ issues likely seen last year with russia. so i think the premise i issues likely seen last year withl russia. so i think the premise of what _ russia. so i think the premise of what was — russia. so i think the premise of what was sunak's _ russia. so i think the premise of what was sunak's trying - russia. so i think the premise of what was sunak's trying to - russia. so i think the premise of what was sunak's trying to do i russia. so i think the premise of- what was sunak's trying to do makes a lot of— what was sunak's trying to do makes a lot of sense, — what was sunak's trying to do makes a lot of sense, but _ what was sunak's trying to do makes a lot of sense, but i _ what was sunak's trying to do makes a lot of sense, but i think— a lot of sense, but i think we've had a _ a lot of sense, but i think we've had a disjointed _ a lot of sense, but i think we've had a disjointed policy- a lot of sense, but i think we've had a disjointed policy for- a lot of sense, but i think we've had a disjointed policy for a i a lot of sense, but i think we've i had a disjointed policy for a number of years _ had a disjointed policy for a number of years the — had a disjointed policy for a number of years. the government _ had a disjointed policy for a number of years. the government is- had a disjointed policy for a number of years. the government is now. of years. the government is now granting — of years. the government is now granting licenses— of years. the government is now granting licenses after— of years. the government is now granting licenses after imposing | granting licenses after imposing massive — granting licenses after imposing massive windfall _ granting licenses after imposing massive windfall taxes - granting licenses after imposing massive windfall taxes on - granting licenses after imposing i massive windfall taxes on companies last year~ _ massive windfall taxes on companies last year~ in— massive windfall taxes on companies last year. in continuing _ massive windfall taxes on companies last year. in continuing to _ massive windfall taxes on companies last year. in continuing to impose i last year. in continuing to impose those _ last year. in continuing to impose those taxes — last year. in continuing to impose those taxes at _ last year. in continuing to impose those taxes at the _ last year. in continuing to impose those taxes at the crisis. - last year. in continuing to impose those taxes at the crisis. even i those taxes at the crisis. even though— those taxes at the crisis. even though these _ those taxes at the crisis. even though these polities - those taxes at the crisis. even though these polities are i those taxes at the crisis. even i though these polities are coming into place — though these polities are coming into place that _ though these polities are coming into place that should _ though these polities are coming | into place that should supposedly lower— into place that should supposedly lower oil— into place that should supposedly lower oil and _ into place that should supposedly lower oil and gas— into place that should supposedly lower oil and gas prices, - into place that should supposedly lower oil and gas prices, i- into place that should supposedly lower oil and gas prices, i think. lower oil and gas prices, i think the problem _ lower oil and gas prices, i think the problem is _ lower oil and gas prices, i think the problem is that _ lower oil and gas prices, i think the problem is that the - lower oil and gas prices, i think- the problem is that the investment climate _ the problem is that the investment climate has — the problem is that the investment climate has been _ the problem is that the investment climate has been created _ the problem is that the investment climate has been created by- the problem is that the investment climate has been created by the i climate has been created by the government _ climate has been created by the government over _ climate has been created by the government over the _ climate has been created by the government over the last - climate has been created by the government over the last few . climate has been created by the i government over the last few years but over— government over the last few years but over the — government over the last few years but over the last _ government over the last few years but over the last few— government over the last few years but over the last few decades i government over the last few years but over the last few decades as i but over the last few decades as well, _ but over the last few decades as well, of— but over the last few decades as well, of constantly— but over the last few decades as well, of constantly changing i but over the last few decades as well, of constantly changing the| well, of constantly changing the terms. — well, of constantly changing the terms. makes— well, of constantly changing the terms, makes it— well, of constantly changing the terms, makes it pretty- well, of constantly changing the terms, makes it pretty difficultl well, of constantly changing the i terms, makes it pretty difficult for any companies _ terms, makes it pretty difficult for any companies to— terms, makes it pretty difficult for any companies to want _ terms, makes it pretty difficult for any companies to want to - terms, makes it pretty difficult for any companies to want to invest . terms, makes it pretty difficult forj any companies to want to invest in the uk _ any companies to want to invest in the uk. ., �* ., ~ ., the uk. you're talking about the windfall taxes. _ the uk. you're talking about the windfall taxes. i— the uk. you're talking about the windfall taxes. ijust _ the uk. you're talking about the windfall taxes. i just want i the uk. you're talking about the windfall taxes. i just want to i the uk. you're talking about the i windfall taxes. i just want to press you on one thing you said, but it

will come back to the uk. are you saying that the oil and gas which we drill now comes into uk market? i thought it was part of a global also market. also, it takes a certain amount of time for that to come online, so the question is — how quickly? as this oil and gas that we are now signing licenses for? is that going to be used or is there a danger that as we try and get to net zero, it becomes a sunk asset? weill. zero, it becomes a sunk asset? well, the uk consumes _ zero, it becomes a sunk asset? well, the uk consumes significantly - zero, it becomes a sunk asset? well, the uk consumes significantly more energy— the uk consumes significantly more energy than— the uk consumes significantly more energy than can _ the uk consumes significantly more energy than can produce _ energy than can produce domestically, _ energy than can produce domestically, both- energy than can produce domestically, both oil. energy than can produce i domestically, both oil and energy than can produce - domestically, both oil and gas. energy than can produce _ domestically, both oil and gas. what you seen— domestically, both oil and gas. what you seen his — domestically, both oil and gas. what you seen his production— domestically, both oil and gas. what you seen his production declining i you seen his production declining for many— you seen his production declining for many years _ you seen his production declining for many years because - you seen his production declining for many years because of - you seen his production declining for many years because of a i you seen his production declining for many years because of a lack| you seen his production declining l for many years because of a lack of investment — for many years because of a lack of investment. unlike _ for many years because of a lack of investment. unlike other— for many years because of a lack of. investment. unlike other industries, where _ investment. unlike other industries, where you _ investment. unlike other industries, where you build _ investment. unlike other industries, where you build a _ investment. unlike other industries, where you build a factory, _ investment. unlike other industries, where you build a factory, you - where you build a factory, you continue — where you build a factory, you continue to— where you build a factory, you continue to produce _ where you build a factory, you continue to produce at - where you build a factory, you continue to produce at the i where you build a factory, you . continue to produce at the same where you build a factory, you - continue to produce at the same each year. _ continue to produce at the same each

year. oils— continue to produce at the same each year. oils and— continue to produce at the same each year. oils and gas— continue to produce at the same each year, oils and gas revenues _ year, oils and gas revenues declining _ year, oils and gas revenues declining chair. _ year, oils and gas revenues declining chair. just - year, oils and gas revenues declining chair. just to i year, oils and gas revenues declining chair. just to say. year, oils and gas revenues i declining chair. just to say still to produce _ declining chair. just to say still to produce what _ declining chair. just to say still to produce what we're - declining chair. just to say still. to produce what we're producing declining chair. just to say still- to produce what we're producing at the moment, — to produce what we're producing at the moment, you _ to produce what we're producing at the moment, you need _ to produce what we're producing at the moment, you need to- to produce what we're producing at the moment, you need to continuej to produce what we're producing at i the moment, you need to continue to invest _ the moment, you need to continue to invest that— the moment, you need to continue to invest. that investment _ the moment, you need to continue to invest. that investment takes - the moment, you need to continue to invest. that investment takes time. l invest. that investment takes time. you grant _ invest. that investment takes time. you grant a — invest. that investment takes time. you grant a licence, _ invest. that investment takes time. you grant a licence, it— invest. that investment takes time. you grant a licence, it takes - invest. that investment takes time. you grant a licence, it takes a i invest. that investment takes time. you grant a licence, it takes a few l you grant a licence, it takes a few years— you grant a licence, it takes a few years to _ you grant a licence, it takes a few years to explore, _ you grant a licence, it takes a few years to explore, you _ you grant a licence, it takes a few years to explore, you hopefully i you grant a licence, it takes a few i years to explore, you hopefully find something. — years to explore, you hopefully find something. it— years to explore, you hopefully find something, it takes _ years to explore, you hopefully find something, it takes another - years to explore, you hopefully find something, it takes another few- something, it takes another few years— something, it takes another few years to — something, it takes another few years to bring _ something, it takes another few years to bring back— something, it takes another few years to bring back oil— something, it takes another few years to bring back oil and - something, it takes another few years to bring back oil and gas l something, it takes another few. years to bring back oil and gas on stream — years to bring back oil and gas on streams. you're _ years to bring back oil and gas on streams. you're looking - years to bring back oil and gas on streams. you're looking at- years to bring back oil and gas on streams. you're looking at 5—10 i streams. you're looking at 5—10 years— streams. you're looking at 5—10 years from _ streams. you're looking at 5—10 years from this _ streams. you're looking at 5—10 years from this current - streams. you're looking at 5—10 years from this current round i streams. you're looking at 5—10 years from this current round of licensing, — years from this current round of licensing, and _ years from this current round of licensing, and the _ years from this current round of licensing, and the debate - years from this current round of licensing, and the debate is- years from this current round of. licensing, and the debate is 20—25 years— licensing, and the debate is 20—25 years down— licensing, and the debate is 20—25 years down the _ licensing, and the debate is 20—25 years down the line, _ licensing, and the debate is 20—25 years down the line, we _ licensing, and the debate is 20—25 years down the line, we will - licensing, and the debate is 20—25 years down the line, we will still l years down the line, we will still need _ years down the line, we will still need that— years down the line, we will still need that oil_ years down the line, we will still need that oil and _ years down the line, we will still need that oil and gas— years down the line, we will still need that oil and gas that's - years down the line, we will still| need that oil and gas that's been produced — need that oil and gas that's been produced in_ need that oil and gas that's been produced. in my— need that oil and gas that's been produced. in my view, _ need that oil and gas that's been produced. in my view, we - need that oil and gas that's been produced. in my view, we will. . need that oil and gas that's been - produced. in my view, we will. there is going _ produced. in my view, we will. there is going to _ produced. in my view, we will. there is going to be — produced. in my view, we will. there is going to be less, _ produced. in my view, we will. there is going to be less, certainly- produced. in my view, we will. there is going to be less, certainly for- is going to be less, certainly for oil. is going to be less, certainly for oit it— is going to be less, certainly for oit it less — is going to be less, certainly for oil. it less so _ is going to be less, certainly for oil. it less so for _ is going to be less, certainly for oil. it less so for gas. _ is going to be less, certainly for oil. it less so for gas. but - is going to be less, certainly for oil. it less so for gas. but there i oil. it less so for gas. but there are certain _ oil. it less so for gas. but there are certain things _ oil. it less so for gas. but there are certain things that - oil. it less so for gas. but there are certain things that you - oil. it less so for gas. but there are certain things that you can't replace — are certain things that you can't replace in— are certain things that you can't replace in the _ are certain things that you can't replace in the mix, _ are certain things that you can't replace in the mix, that- are certain things that you can't replace in the mix, that you - are certain things that you can't i replace in the mix, that you can't be or— replace in the mix, that you can't be or substitute _ replace in the mix, that you can't be or substitute for— replace in the mix, that you can't be or substitute for oil— replace in the mix, that you can't be or substitute for oil or- replace in the mix, that you can't be or substitute for oil or for- replace in the mix, that you can't| be or substitute for oil or for gas. aaron. _ be or substitute for oil or for gas. aaron. you — be or substitute for oil or for gas.

aaron. you were _ be or substitute for oil or for gas. aaron, you were nodding. - be or substitute for oil or for gas. aaron, you were nodding. i'm - be or substitute for oil or for gas. | aaron, you were nodding. i'mjust aaron, you were nodding. i'm just going to let you respond. i aaron, you were nodding. i'm “ust going to let you respond. i disagree with some of _ going to let you respond. i disagree with some of what _ going to let you respond. i disagree with some of what was _ going to let you respond. i disagree with some of what was just - going to let you respond. i disagree with some of what wasjust said - with some of what was just said because it's quite clear, and government have said themselves that this will not bring down energy prices because this is part of the wholesale market. it doesn't affect the global price. if you were really interested in securing energy supply interested in securing energy supply in the uk, we would be investing in home insulation massively in the uk. we're not doing that. we would also allow for onshore wind development, and not doing that. the government �*s not implementing the policies that would benefit the agendas. this is a lot of window progressing... crosstalk but we do burn a lot of oil and gas, and we may have to source lng this winter, and it may be difficult to come by if the chinese economy takes

off again, which would push up our prices more. given there is a long horizon for oil and gas, isn't this the right decision to create some security in the market? has the right decision to create some security in the market?— the right decision to create some security in the market? as was 'ust said, this wrufi security in the market? as was 'ust said, this will not i security in the market? as was 'ust said, this will not solve * security in the market? as was 'ust said, this will not solve the i said, this will not solve the problems in the short terms. these projects will come online for a decade or more. but the real point is the climate crisis. this is why this is such an issue. we know why we have to leave the majority of fossil fuels unburned to stay within our paris agreement target. that requires the majority of fossil fuels not getting developed. we have existing, that'sjust fuels not getting developed. we have existing, that's just guaranteeing people meet those targets. —— what we already have existing. this is the provision of the united nations environment programme. even our own

committee has said we cannot and should not develop these reserves if we're to meet our climate target. we can replace through clean energy. roger, the fossil fuel industry solutions and this is a carbon capture, which the government has put an awful lot of money... well, they put the money in as a backstop. i think they're underwriting investment. why have they agreed to do that today when they were so slow to invest put in before, and doesn't work? . �* . to invest put in before, and doesn't work? . �* , ., to invest put in before, and doesn't work? . �*, ., , ., ., , work? that's to start with, does it work. work? that's to start with, does it work- maybe _ work? that's to start with, does it work- maybe 20 — work? that's to start with, does it work. maybe 20 years _ work? that's to start with, does it work. maybe 20 years ago, - work? that's to start with, does it work. maybe 20 years ago, it - work? that's to start with, does it - work. maybe 20 years ago, it doubled to algeria to take a trip into the middle of the sahara desert, where bp had a gas plant where they were bringing up anything, but there is too much carbon dioxide mixed in

with the macquarie. normally, i gas firm would decide to fit it into the atmosphere —— with the methane. so bp decided to put it underground. basically, where they pumped out gas, they pumped back in carbon dioxide. and extraordinarily, all that drilling was controlled from a control room in theory, where they had that massive screen where you could see that drill going underground —— in surrey. it was quite extraordinary. but there was one point where you could see the drill coming through like this. and then the substrate dips down and the drill kept coming in the drill bit out of the reservoir. they never went back in again, and i said but how? why have they gone out of the reservoir? he said that's christmas,

they forgot to tell the people to switch off. it shows that can work and it can hold c02 if it can hold gas. but also, human error can creep in and things can go wrong. anyway, that's one... but in and things can go wrong. anyway, that's one- - -— in and things can go wrong. anyway, that's one... but how much gas? the ener: that's one... but how much gas? the energy minister _ that's one... but how much gas? the energy minister was _ that's one... but how much gas? the energy minister was asked _ that's one... but how much gas? the energy minister was asked this - that's one... but how much gas? the energy minister was asked this and i energy minister was asked this and said thousands of kilowatts funds. how many thousand? we don't have a measure of that and yet we are pumping more oil and gas? that's absolutely true. _ pumping more oil and gas? that's absolutely true. the _ pumping more oil and gas? that's absolutely true. the estimates . pumping more oil and gas? that's| absolutely true. the estimates are very wide. we are going to pump more oil and gas. back in 2021, a leading advanced government asked the international energy agency to do a study on whether or not countries should be pumping new oil and gas.

it came back with a very category answer — no, we already have too much gas ready to be exploited. we don't need any more. if you burn it, it will push the climate target out of the window. that country was the uk. two years later, they're just going completely against that report, and notjust as aaron said earlier, it's notjust the international energy agency. this is a very widespread view held by agencies across the world. doctor macke , agencies across the world. doctor mackey. one _ agencies across the world. doctor mackey. one of — agencies across the world. doctor mackey, one of the _ agencies across the world. doctor mackey, one of the concerns - agencies across the world. doctorl mackey, one of the concerns about carbon capture, the critics say it's a sort of greenwashing of the oil and gas that we extract, that people in the industry are saying, "don't worry, tech and carbon capture will deal with it." there's no evidence

it works, is there?— deal with it." there's no evidence it works, is there? actually, there is, but at what _ it works, is there? actually, there is, but at what cost? _ it works, is there? actually, there is, but at what cost? there - it works, is there? actually, there is, but at what cost? there is - it works, is there? actually, there is, but at what cost? there is a i is, but at what cost? there is a tong tist— is, but at what cost? there is a tong list of— is, but at what cost? there is a long list of challenges. this technology talks about it as if we 'ust technology talks about it as if we just discovered it. this is been around — just discovered it. this is been around for— just discovered it. this is been around for decades. the problem that comes— around for decades. the problem that comes along with the challenges, starting _ comes along with the challenges, starting with the cost, the corrosive nature of carbon dioxide, the potential of leakage. carbon dioxide — the potential of leakage. carbon dioxide is — the potential of leakage. carbon dioxide is waste, not the valuable product _ dioxide is waste, not the valuable product of— dioxide is waste, not the valuable product of oil and gas. so, we know how to _ product of oil and gas. so, we know how to do _ product of oil and gas. so, we know how to do as— product of oil and gas. so, we know how to do as an industry, but sometimes i feel like it is oversold try the _ sometimes i feel like it is oversold by the industry and by governments because the solution, the climate probtem — because the solution, the climate problem is — because the solution, the climate problem is a big problem and no single _ problem is a big problem and no single solution — whether it's energy— single solution — whether it's energy efficiency or carbon capture usage _ energy efficiency or carbon capture usage - _ energy efficiency or carbon capture usage — will be solved by itself. it would _

usage — will be solved by itself. it would be — usage — will be solved by itself. it would be very simplistic to say this is what _ would be very simplistic to say this is what we — would be very simplistic to say this is what we need to solve the climate problem _ is what we need to solve the climate problem |_ is what we need to solve the climate roblem. . . is what we need to solve the climate roblem. , ., ., ., ,, ., problem. i 'ust want to talk to the ten problem. i just want to talk to the ten minutes _ problem. i just want to talk to the ten minutes we _ problem. i just want to talk to the ten minutes we have _ problem. i just want to talk to the ten minutes we have left, - problem. i just want to talk to the ten minutes we have left, anish,| ten minutes we have left, anish, whether the government is committed to this. there's a story on the front page of the financial times that the government made it easier for the industry to water down reforms to the carbon market. simple terms, they're getting more allowances. do you think there is enough incentive at the moment for the fossilfuel enough incentive at the moment for the fossil fuel companies to invest in the alternatives and clean up their act? ~ ~ their act? well, i think the announcement _ their act? well, i think the announcement today - their act? well, | think the i announcement today granting their act? well, i think the - announcement today granting the carbon— announcement today granting the carbon capture _ announcement today granting the carbon capture licenses _ announcement today granting the carbon capture licenses is - announcement today granting the i carbon capture licenses is certainly hetpfut _ carbon capture licenses is certainly helpful. my — carbon capture licenses is certainly helpful. my view _ carbon capture licenses is certainly helpful. my view is _ carbon capture licenses is certainly helpful. my view is carbon - carbon capture licenses is certainly helpful. my view is carbon capture | helpful. my view is carbon capture will be _ helpful. my view is carbon capture will be a _ helpful. my view is carbon capture will be a large _ helpful. my view is carbon capture will be a large part— helpful. my view is carbon capture will be a large part of— helpful. my view is carbon capture will be a large part of the - helpful. my view is carbon capture will be a large part of the solution| will be a large part of the solution of getting — will be a large part of the solution of getting to — will be a large part of the solution of getting to net _ will be a large part of the solution of getting to net zero. _ will be a large part of the solution of getting to net zero. it's - will be a large part of the solution of getting to net zero. it's not -

will be a large part of the solution of getting to net zero. it's not thej of getting to net zero. it's not the only solution. _ of getting to net zero. it's not the only solution, but _ of getting to net zero. it's not the only solution, but renewables - of getting to net zero. it's not the i only solution, but renewables aren't the only— only solution, but renewables aren't the only solution _ only solution, but renewables aren't the only solution on _ only solution, but renewables aren't the only solution on their _ only solution, but renewables aren't the only solution on their own - the only solution on their own either~ — the only solution on their own either they— the only solution on their own either. they come _ the only solution on their own either. they come with - the only solution on their own either. they come with their i the only solution on their own i either. they come with their own problems — either. they come with their own problems so. _ either. they come with their own problems so. i— either. they come with their own problems. so, ithink— either. they come with their own problems. so, i think that - either. they come with their own| problems. so, i think that carbon capture. — problems. so, i think that carbon capture. you _ problems. so, i think that carbon capture. you can— problems. so, i think that carbon capture, you can produce - problems. so, i think that carbon capture, you can produce more i problems. so, i think that carbonl capture, you can produce more oil and gas _ capture, you can produce more oil and gas or— capture, you can produce more oil and gas or you _ capture, you can produce more oil and gas oryou can— capture, you can produce more oil and gas or you can offset - capture, you can produce more oil and gas or you can offset the - and gas or you can offset the emissions _ and gas or you can offset the emissions from _ and gas or you can offset the emissions from the - and gas or you can offset the emissions from the existing i and gas or you can offset the l emissions from the existing oil and gas or you can offset the - emissions from the existing oil and -as. emissions from the existing oil and gas in _ emissions from the existing oil and gas in my— emissions from the existing oil and gas in my view. _ emissions from the existing oil and gas. in my view, it's _ emissions from the existing oil and gas. in my view, it's a _ emissions from the existing oil and gas. in my view, it's a prudent- gas. in my view, it's a prudent technotogy _ gas. in my view, it's a prudent technotogy it's _ gas. in my view, it's a prudent technology. it's going - gas. in my view, it's a prudent technology. it's going for- gas. in my view, it's a prudent technology. it's going for a - gas. in my view, it's a prudent| technology. it's going for a few decades. — technology. it's going for a few decades. it's— technology. it's going for a few decades, it's been _ technology. it's going for a few decades, it's been shown- technology. it's going for a few decades, it's been shown in- technology. it's going for a few - decades, it's been shown in various countries _ decades, it's been shown in various countries around _ decades, it's been shown in various countries around the _ decades, it's been shown in various countries around the world - decades, it's been shown in various countries around the world to - decades, it's been shown in variousj countries around the world to work. the uk _ countries around the world to work. the uk has — countries around the world to work. the uk has got _ countries around the world to work. the uk has got the _ countries around the world to work. the uk has got the carbon- countries around the world to work. the uk has got the carbon capture i the uk has got the carbon capture resource~ — the uk has got the carbon capture resource~ its— the uk has got the carbon capture resource. it's got _ the uk has got the carbon capture resource. it's got the _ the uk has got the carbon capture resource. it's got the reservoirs, l resource. it's got the reservoirs, plenty— resource. it's got the reservoirs, plenty of— resource. it's got the reservoirs, plenty of them. _ resource. it's got the reservoirs, plenty of them, they— resource. it's got the reservoirs, plenty of them, they have - resource. it's got the reservoirs, i plenty of them, they have produced resource. it's got the reservoirs, - plenty of them, they have produced a lot of plenty of them, they have produced a tot of gas _ plenty of them, they have produced a tot of gas it's — plenty of them, they have produced a tot of gas it's got _ plenty of them, they have produced a lot of gas. it's got reservoirs - plenty of them, they have produced a lot of gas. it's got reservoirs that - lot of gas. it's got reservoirs that can store — lot of gas. it's got reservoirs that can store carbon _ lot of gas. it's got reservoirs that can store carbon dioxide. - lot of gas. it's got reservoirs that can store carbon dioxide. this. lot of gas. it's got reservoirs that can store carbon dioxide.- can store carbon dioxide. this is the carbon _ can store carbon dioxide. this is the carbon capture _ can store carbon dioxide. this is the carbon capture plant. - can store carbon dioxide. this is the carbon capture plant. yeah. | can store carbon dioxide. this is - the carbon capture plant. yeah. just the carbon capture plant. yeah. just in terms of... let's take for example the other side of the argument. you touched on the idea that we need more investment and because of the tax policies of the

government and the debate over net zero, there isn't the incentive to invest here. do you think today's position will encourage other companies or do you think these licenses that he's agreeing are enough? licenses that he's agreeing are enou~h? ., ., �* ~ ., enough? overall, i don't think that this announcement _ enough? overall, i don't think that this announcement today - enough? overall, i don't think that this announcement today is - enough? overall, i don't think that this announcement today is going l enough? overall, i don't think that. this announcement today is going to stimulate _ this announcement today is going to stimulate a — this announcement today is going to stimulate a significant _ this announcement today is going to stimulate a significant amount - this announcement today is going to stimulate a significant amount of- stimulate a significant amount of new investment. _ stimulate a significant amount of new investment. i— stimulate a significant amount of new investment. ithink- stimulate a significant amount of new investment. i think the - new investment. i think the investment— new investment. i think the investment for— new investment. i think the investment for oil— new investment. i think the investment for oil and - new investment. i think the investment for oil and gas i new investment. i think the i investment for oil and gas in new investment. i think the - investment for oil and gas in the uk has been _ investment for oil and gas in the uk has been pretty— investment for oil and gas in the uk has been pretty poor— investment for oil and gas in the uk has been pretty poor for— investment for oil and gas in the uk has been pretty poor for the - investment for oil and gas in the uk has been pretty poor for the last- has been pretty poor for the last few years — has been pretty poor for the last few years it's— has been pretty poor for the last few years. it's difficult _ has been pretty poor for the last few years. it's difficult enough . has been pretty poor for the last| few years. it's difficult enough to invest— few years. it's difficult enough to invest and — few years. it's difficult enough to invest and attract _ few years. it's difficult enough to invest and attract more - few years. it's difficult enough to invest and attract more money. few years. it's difficult enough to . invest and attract more money into the oil— invest and attract more money into the oil and — invest and attract more money into the oil and gas _ invest and attract more money into the oil and gas sector, _ invest and attract more money into the oil and gas sector, given - invest and attract more money into the oil and gas sector, given the i the oil and gas sector, given the concerns— the oil and gas sector, given the concerns over _ the oil and gas sector, given the concerns over climate _ the oil and gas sector, given the concerns over climate change. . the oil and gas sector, given the i concerns over climate change. with the tax _ concerns over climate change. with the tax policies _ concerns over climate change. with the tax policies that _ concerns over climate change. with the tax policies that are _ concerns over climate change. with the tax policies that are in - concerns over climate change. with the tax policies that are in place, i the tax policies that are in place, the tax policies that are in place, the potential— the tax policies that are in place, the potential for— the tax policies that are in place, the potential for a _ the tax policies that are in place, the potential for a change - the tax policies that are in place, the potential for a change in- the potential for a change in government— the potential for a change in government which— the potential for a change in government which could - the potential for a change in. government which could scrap the potential for a change in- government which could scrap these, coutd turn— government which could scrap these, could turn around _ government which could scrap these, could turn around and _ government which could scrap these, could turn around and change - government which could scrap these, could turn around and change energy| could turn around and change energy policy _ could turn around and change energy policy once _ could turn around and change energy policy once again _ could turn around and change energy policy once again. it's _ could turn around and change energy policy once again. it's very _ could turn around and change energy policy once again. it's very hard - could turn around and change energy policy once again. it's very hard to i

policy once again. it's very hard to see new— policy once again. it's very hard to see new companies _ policy once again. it's very hard to see new companies coming - policy once again. it's very hard to see new companies coming in - policy once again. it's very hard to see new companies coming in on. policy once again. it's very hard to i see new companies coming in on the back of— see new companies coming in on the back of these announcements. - see new companies coming in on the back of these announcements. i- see new companies coming in on the i back of these announcements. i think it's different — back of these announcements. i think it's different on _ back of these announcements. i think it's different on the _ back of these announcements. i think it's different on the carbon _ back of these announcements. i think it's different on the carbon capture i it's different on the carbon capture side~ _ it's different on the carbon capture side i_ it's different on the carbon capture side~ ithink— it's different on the carbon capture side. i think there _ it's different on the carbon capture side. i think there will— it's different on the carbon capture side. i think there will be - it's different on the carbon capture side. i think there will be new- side. i think there will be new companies _ side. i think there will be new companies looking _ side. i think there will be new companies looking to - side. i think there will be new companies looking to invest. i side. i think there will be new- companies looking to invest. there's a lot companies looking to invest. there's a tot of— companies looking to invest. there's a tot of money— companies looking to invest. there's a lot of money going _ companies looking to invest. there's a lot of money going into— companies looking to invest. there's a lot of money going into carbon - a lot of money going into carbon capture — a lot of money going into carbon capture i— a lot of money going into carbon capture. ithink— a lot of money going into carbon capture. i think there _ a lot of money going into carbon capture. i think there could - a lot of money going into carbon capture. i think there could be . a lot of money going into carbon . capture. i think there could be huge growth _ capture. i think there could be huge growth area~ — capture. i think there could be huge growth area-— capture. i think there could be huge urowth area. ., ~' ., ., ., growth area. aaron, i know you go to all these conferences. _ growth area. aaron, i know you go to all these conferences. when - growth area. aaron, i know you go to all these conferences. when they - all these conferences. when they look at the criticism of backsliding that the government's coming in for, how does that undermine these initiations at an international level? . . level? this is the thing, the uk likes to call _ level? this is the thing, the uk likes to call itself _ level? this is the thing, the uk likes to call itself a _ level? this is the thing, the uk likes to call itself a climate - likes to call itself a climate leader, and we hosted cop26 in glasgow. but we're waiting on these pledges. backsliding on these issues in a massive way. james murray described today this as polarising populist and post—truth approach straight out of the playbook. what we're seeing is a hostility towards

environmental issues in order to position themselves ahead of the next election. i think itjust doesn't apply because we all know we're in a climate emergency. the public is really concerned about that. they overwhelmingly support net zero. when you have the un secretary—general saying that investing in new oil and gas it is moral economics, for the uk prime minister today and do that is completely undermining our position at these negotiations. dr completely undermining our position at these negotiations.— at these negotiations. dr nahke i called a wedge — at these negotiations. dr nahke i called a wedge issue _ at these negotiations. dr nahke i called a wedge issue because - at these negotiations. dr nahke i called a wedge issue because a i at these negotiations. dr nahke i l called a wedge issue because a lot of people can't afford the subsidies that they're being asked to pay. uxbridge was a very good example of that last week. the by—election where it was the poorest who came into london to find work to say they're being hit the hardest and they voted against the policies that they voted against the policies that the labour london mayor has put in place. you talk about this just transition, and i know you're talking about it between poor and

rich countries, but it has also felt at a local level as well. absolutely. within the uk, i recall last year— absolutely. within the uk, i recall last year the unease in the complaints that people have asked about _ complaints that people have asked about high energy bills. they were worried _ about high energy bills. they were worried about not being able to afford _ worried about not being able to afford to — worried about not being able to afford to warm their homes and go through— afford to warm their homes and go through the difficult winters. this is a reality— through the difficult winters. this is a reality that we have to face where — is a reality that we have to face where we all want to save the planet. — where we all want to save the planet, even if he have to accept giving _ planet, even if he have to accept giving up — planet, even if he have to accept giving up on will and gas. it still needs— giving up on will and gas. it still needs today 70% of the country's energy. _ needs today 70% of the country's energy. so — needs today 70% of the country's energy, so you can save we have to provide _ energy, so you can save we have to provide any — energy, so you can save we have to provide any more than we have to accept _ provide any more than we have to accept high — provide any more than we have to accept high prices. if everyone is happy— accept high prices. if everyone is happy with these high prices and they are — happy with these high prices and they are not worried about the spread — they are not worried about the spread of— they are not worried about the spread of energy poverty, it's not only about — spread of energy poverty, it's not only about the poor versus rich countries. _ only about the poor versus rich countries, but within the developed countries. — countries, but within the developed countries, within the uk, there has been _ countries, within the uk, there has been a _ countries, within the uk, there has been a rise — countries, within the uk, there has been a rise in energy poverty, especially— been a rise in energy poverty, especially last year. and i'm not

worried — especially last year. and i'm not worried about high prices. we can take these — worried about high prices. we can take these drastic measures and stop oil and _ take these drastic measures and stop oil and gas. _ take these drastic measures and stop oiland gas, but take these drastic measures and stop oil and gas, but even the agency, i heard _ oil and gas, but even the agency, i heard both — oil and gas, but even the agency, i heard both roger and aaron referring to what _ heard both roger and aaron referring to what they said it may 2021 — if we were — to what they said it may 2021 — if we were to — to what they said it may 2021 — if we were to achieve net zero by 2050, which _ we were to achieve net zero by 2050, which should not invest any more. but that— which should not invest any more. but that same agent, october 21, published — but that same agent, october 21, published two reports where they said no— published two reports where they said no investment is going to need to higher— said no investment is going to need to higher prices. if everyone is happy— to higher prices. if everyone is happy to— to higher prices. if everyone is happy to take this, then fine, we all speak— happy to take this, then fine, we all speak with one voice. but unfortunately, we aren't. the poor people are — unfortunately, we aren't. the poor people are unable to accept high prices _ people are unable to accept high prices for— people are unable to accept high prices for energy no matter how noble _ prices for energy no matter how noble cause. we prices for energy no matter how noble cause-— prices for energy no matter how noble cause. ~ ., ., ., . noble cause. we are out of time. we will have to — noble cause. we are out of time. we will have to leave it _ noble cause. we are out of time. we will have to leave it there. _ noble cause. we are out of time. we will have to leave it there. thank - will have to leave it there. thank you very much to all of you for your time. roger here again, aaron

thierry and dr carol nahke. and anish kapadia. many of the stories we've been following. we're going to talk after the break of bronte santos and a new pull that is out that as donald trump miles ahead —— ron desantis. we we will also talk about the ukraine in the resource. you stay with us. hello there. this month has certainly been a wet one for many, also cool with temperatures below average across much of the uk. for the rest of this week, as we head into the first part of august, there'll be very little change with it staying unsettled and remaining on the cool side. now, today, we've had this area of low pressure moving across the country. it's brought lots of cloud and spells of rain. some of it's been quite heavy at times, but as it's pulling away into the north sea, we should see something a little bit drier and quieter

as we move through the night. there'll still be some areas of rain — northern england, southern scotland, northern ireland. a few showers dotted around, some mist and murk, some low cloud, too. quite warm and muggy in the south, a little bit fresher further north. and in fact, after a fine day across northern scotland, it'll stay clear and cool overnight. now, into tuesday, then, a much quieter day. we're in between low pressure systems. again, we'll have this swathe of cloud with outbreaks of rain — northern ireland, southern scotland, northern england, perhaps north wales. but on either side, we should see some sunshine bar the odd shower around, so we should see temperatures a little bit higher, 22 degrees in the south and the winds will be lighter here as well. but the next frontal system starts to work its way in. this area of low pressure, will be a deepening feature, across the south, rain will push its way northwards, however, the northern half of scotland remaining dry with clear skies and remaining on the cool side. now this unseasonably deep area of low pressure will move now, this unseasonably deep area

of low pressure will move across the country during wednesday, so this is more like an autumnal scene rather than early august. we'll see gales through the channel, gusts in excess of 50 mph here, 30—ao mph further north. across england and wales, inland, some heavy rain as well. but again, northern parts of scotland will see the driest and the brightest of the weather. there's the wind gusts on the chart. just to give you an idea, they're 30—ao mile an hour gusts in the south, just to give you an idea, they're 30—ao mph gusts in the south, and of course, that will impact the temperatures. high teens in the north, maybe just about making 20 or 21 degrees in the south. it won't feel like that with the wind and the rain. that area of low pressure clears away on thursday, opens the floodgates to a cold northerly wind or a cool northerly wind, i should say. so it'll be a mixture of sunshine and showers both thursday and friday

hello, i'm christian fraser. you're watching the context on bbc news. from the front line — we have a special report on elite ukrainian snipper�*s brave battle to retake the city of bakhmut. when i was a civilian i didn't like weapons. but now i've had to take up arms to defend my country. of course i'm scared, only a fool wouldn't be.

sport and for a full round—up, from the bbc sport centre, here's tanya. hello from the bbc sport centre. what an ashes series we've had and what an ending we got — england drawing the series 2 all, but australia of course had already retained the famous little urn. stuart broad, who else took the final two australian wickets, to give england a 49 run victory at the oval in london. he announced his retirment from cricket at close of play on saturday, saying he wanted to go out at the top, and he's certainly did that. i made the decision on friday night, you start thinking, what will your last ball be and how would that be remembered and to get the ball, just swinging it around a little bit, to get the ball with a couple of wickets left in balsam of tenders which is one of my favourite things to do my whole career and catch the

edge