Donald Trump has urged the United Kingdom to increase North Sea oil and gas production while expressing opposition to wind energy. In a recent post on Truth Social, the U.S. President-elect criticized the UK's energy strategies, describing them as a “very big mistake.”
Trump's remarks referenced an article highlighting APA Corporation's announcement to cease all operations in the North Sea by 2029. The U.S.-based energy company attributed its decision to the UK's regulatory framework and the energy profits levy, commonly known as the windfall tax.
“After six months of evaluation, we have concluded that the investment required to comply with these regulations… coupled with the onerous financial impact of the energy profits levy makes production of hydrocarbons beyond the year 2029 uneconomic,” APA CEO John Christmann said during the company's November earnings call.
APA's withdrawal underscores the tension between the UK's push for renewable energy and the operational realities facing traditional energy firms. The energy profits levy, introduced as part of the government's strategy to address soaring energy prices and fund the transition to renewables, has drawn criticism from some in the oil and gas industry.
The UK has invested heavily in offshore wind projects to meet its net-zero emissions target. However, Trump's call to “get rid of windmills” reflects his long-standing skepticism about wind energy, which he has previously criticized for aesthetic and environmental reasons.
The ongoing debate highlights the challenges of balancing economic interests with ambitious climate goals, as countries navigate the transition from fossil fuels to renewable energy sources.
