Ed Miliband has ordered an immediate ban on new drilling in the North Sea in a decision that overrules his own officials and risks triggering a wave of legal action.
In an unusual intervention into what is typically an apolitical process, the Energy Secretary has told regulators not to approve a new round of drilling that was slated for confirmation in the coming weeks.
His decision to block the licences means that companies will have wasted millions of pounds on preparing their bids, with experts warning they are likely to take legal action as a result.
The execs of those companies should be forced to clean up every oil spill personally (with the company paying all fees including supporting volunteers). As well as setup local wildlife rehabilitation centres at the scene of the spill. With annual reports about the damage numbers in all public filings.
Ah, that's what I feared. And I can't really blame them for it, too high litigation risk and they might end up having to pay those shitty companies compensation for lost profits or some non-sense like that.