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On BP’s profit surge, Mike Childs, head of science, policy and research at Friends of the Earth, says:
“Just as we saw in 2022 following Russia’s invasion of Ukraine, fossil fuel giants are quid’s in when global instability drastically inflates fuel prices. But again, it’s ordinary people who pay the price when soaring energy prices threaten to plunge the UK into an even deeper cost of living crisis.
“If we’re to reduce our vulnerability to energy price shocks, the solution couldn’t be clearer. We must end our reliance on volatile, costly oil and gas by rapidly ramping up investment in cheap, clean, homegrown renewables alongside support for energy efficiency measures.
“He doesn’t love the proposal.”
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