Deepwater Horizon oil spill sparks calls for $10bn levy on BP and drilling ban

clock • 5 min read

Arnold Schwarzenegger ends support for California oil expansion as political backlash against oil industry takes hold

The catastrophic spill in the Gulf of Mexico set off a backlash against the oil industry yesterday, with a demand for a ban on future offshore drilling. The anger came as BP executives admitted in a private...

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More on Legislation

'This is about economic stability as much as climate ambition': Business leaders welcome King's Speech

'This is about economic stability as much as climate ambition': Business leaders welcome King's Speech

Business groups and campaigners broadly welcome plans for new Energy Independence Bill, but activists lament limited action on nature recovery

James Murray
clock 13 May 2026 • 12 min read
King's Speech: Government confirms plan for Energy Independence Bill

King's Speech: Government confirms plan for Energy Independence Bill

King Charles pledges that government will 'remain a leading advocate for tackling climate change and achieving a world free from poverty'

James Murray
clock 13 May 2026 • 6 min read
Why the Industrial Accelerator Act is a quiet setback for Europe's steel and competitiveness

Why the Industrial Accelerator Act is a quiet setback for Europe's steel and competitiveness

Without a credible label for low-emissions steel, the EU risks losing out on the economic opportunities on offer as global decarbonisation trends accelerate, writes Responsible Steel CEO Annie Heaton

Annie Heaton, Responsible Steel
clock 21 April 2026 • 4 min read