Backing Scotland’s Oil and Gas Sector

That the Parliament recognises the vital role that oil and gas plays in Scotland’s energy mix and in supporting tens of thousands of Scottish jobs, particularly in the north east, and in providing vital energy security; condemns the Scottish Government’s "presumption against new exploration for oil and gas" as stated in its draft Energy Strategy and Just Transition Plan, as well as the Scottish National Party administration’s failure to welcome new oil and gas developments such as Rosebank, which will boost UK energy security and the economy with a direct investment of over £8 billion as well as providing nearly 1,600 jobs; further condemns the Labour Party’s intention to block any new oil and gas licences and its proposed extended windfall tax, which the OEUK has warned will lead to "42,000 job losses" and £26 billion of economic value being wiped out; acknowledges that there is a climate emergency and, therefore, welcomes that the UK has become the first major economy to halve emissions from their peak; notes that a just transition is needed to meet net zero targets, but believes that this must not leave any industry or community behind and cannot be achieved without the investment, innovation and skills from the oil and gas sector, and calls on the Scottish Government and the Labour Party to end their reckless assault on North Sea oil and gas workers and Scotland’s economy.