You may want to consider this amended version of the Labour Green New Deal model motion, which adds in references to the plans for new oil and gas development in the North Sea. (Some other wording has been pruned to keep the whole text within the 250 word limit).
Notes
· Labour’s plan for Great British Energy (GBE): a public company investing in clean energy generation to de-risk and crowd-in private finance
· The rate of return on oil and gas (10-15%) exceeds renewables (4-8%)
· In 2022, only 5% of oil and gas company capital expenditure went to renewables
· Fossil fuel companies make record profits while they exacerbate the climate crisis
· The public strongly back public ownership of energy (66%)
Believes:
· Privatisation is a massive barrier to a rapid energy transition and decarbonisation, with investment directed towards highly profitable fossil fuels
· Public ownership of the energy system would maximise energy security and reduce energy prices
· Workers and communities must be involved in developing energy transition plans.
Resolves to support:
Democratic public ownership of the whole energy system, including:
· Nationalisation of energy transmission and distribution; energy supply; the UK operations and infrastructure of fossil fuel companies.
· Creating a National Energy Agency to set standards and targets; own industries of national importance (e.g., oil and gas, offshore wind, nuclear); coordinate energy transition, including workforce planning.
· Creating Public Energy Agencies to own, invest in, and operate distribution networks; decarbonise heat and electricity; supply energy to households.
· Capitalising GBE to completely supplant the private energy sector.
· Block new oil and gas development in the North Sea, with a workers’ transition plan creating good new jobs such as sketched in the ‘Our Power’ report.
· Cancel new oil and gas development licences handed out by the Tory regime in its dying days.