This Green Zealot cost Britain one billion barrels of North Sea oil

Written by Paul Homewood on September 18, 2025. Posted in Current News

For UK Energy Secretary Ed Miliband, it’s a truly awkward moment.

His own statisticians have released data showing that Britain’s North Sea will produce a billion barrels of oil and gas fewer than expected between now and 2050 – with analysts linking the downgrade to Labour’s imposition of 78pc taxes and a ban on new drilling.

The assessment, by the North Sea Transition Authority (NSTA), the government regulator that reports to Mr Miliband, suggests the UK will have to import a far higher proportion of its oil and gas over the next 25 years.

According to a separate analysis, the accelerated decline of the North Sea could see half the 200,000 jobs it supports destroyed by 2030.

Many of those will be in Scotland, where elections due next year make such potential losses seriously risky for Labour’s prospects.

The downgrade in North Sea output emerges from comparing the production projections published by the NSTA in 2023 – before the election – with the latest versions, just published.

In autumn 2023, the NSTA predicted the UK would produce oil and gas equivalent to 681 million tonnes of oil between 2025 and 2050.

In the latest equivalent data, this has now been slashed to 557 million tonnes. The “lost” 124 million tonnes equates to a billion barrels of oil.

Full story here.

I’m more convinced than ever that Ed Miliband does not care a hoot about Labour’s electoral prospects.

For mad zealots like him, he has only one objective, and that overrides everything else, including wellbeing of the UK.

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