Table of Contents
Introduction
Reduction In UK Gas And Oil Jobs, this is one of the trending questions that has gained huge attraction in the United Kingdom. Let us deep dive and try to understand the reason and gain some insights on this.
The United Kingdom, recently has experienced a huge cut in Gas and Oil jobs due to a combination of environmental, economical and government regulations. All these factors are in alignment towards achieving sustainability and achieving global climate and environmental goals but at the same time they pose a challenge to the present work force of the United Kingdom.
Lets deep dive into the topic and understand more on – Reduction In UK Gas And Oil Jobs
Main Drivers Behind Job Reduction
Green Transition Goals
United Kingdom’s royal government commitment towards zero emissions by 2050 has made them to amend the present policies which favor renewable and green energy over fossil fuels.
United Kingdom’s ambitious project ” North Sea Transition Deal ” which completely focusses on Decarbonization with a focus on clean and green energy. While all these ambitious projects aim to create jobs in the green and clean energy but it comes with a cost of traditional gas and oil roles.
Government Regulatory Policies
Governmental policies have a direct impact on the taxes for the oil and gas companies. As per the present policies the oil and gas companies are been heavily taxed. This in turn discourages the new investments in new projects. Due to all of these policies there is a high probability that people may loose their jobs and as well as will have fewer job openings in gas and oil sector.
Old And Aging Infrastructure
A large portion of United Kingdoms Oil and Gas infrastructure that is currently present in the North Sea has nearly approached its operational end life. Ageing infrastructure combined with less investments directly contributes to less workforce requirements.
Global Fluctuations
Due to drastic change in energy markets, oil price fluctuations and competitions from other parts of the world have also played a important role in job reduction in oil and gas sector.
Strategies To Adapt To Change
Upskilling
There are programs that are available online, popularly known as MOOC’S to train present oil and gas workers on renewable energy sector and gradually encouraging them to embrace the change. This will help in upskilling the workers to new technologies.
Investments In Clean Energy
Government and private investments in renewable technologies can create thousands of jobs in Green energy sector all over United Kingdom.
Conclusion
The reduction in oil and gas jobs in United Kingdom clearly shows the government’s commitment to ensure clean and green energy future. While the transition poses immediate problems but also offers to build a greater and reliable energy for the future.
The shift has to planned well in advance and the transition has to happen smoothly without effecting the United Kingdom’s oil and gas workforce.
** Views and insights expressed are personal and may vary from person to person**
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