As fracking row escalates, BP downplays "carbon leakage" fear

James Murray
clock

BP chief economist tells Reuters threat of industry leaving EU over energy costs is a "bit of a red herring"

It is the argument used by some industries to justify everything from watering down climate change policies to fracking the north east of England: if you don't cut the cost of energy we will up and leave...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Hourly 'carbon-free' electricity tariffs set to go mainstream

Study: Hourly 'carbon-free' electricity tariffs set to go mainstream

Study highlights rapid growth of new category of energy tariffs that aim to provide businesses with more credible renewable energy procurement

clock 09 January 2026 • 4 min read
Powering progress: Insurance and the energy transition

Powering progress: Insurance and the energy transition

Partner Insight: AXIS explores how specialist insurance is helping to make renewable energy viable, resilient, and ready for the future

AXIS
clock 09 January 2026 • 1 min read
Oil prices fall as President Trump vows to take control of Venezuelan oil revenues

Oil prices fall as President Trump vows to take control of Venezuelan oil revenues

President announces that Venezuela is to hand over between 30 and 50 million barrels of oil to the US following military action

James Murray
clock 07 January 2026 • 5 min read