Sunak backs new UK oil and gas exploration

Prime Minister Rishi Sunak has backed plans to permit new fossil fuel exploration off Britain's coast, as he pledged to be "pragmatic and proportionate" about achieving net zero in an interview published over the weekend.

The stance is set to intensify criticism from environmental campaigners, who accuse the British leader of backtracking on green policies to pander to voter unease at their potential cost amid the U.K.'s worst cost-of-living crisis in a generation.

In an interview with the Sunday Telegraph, Sunak sought to distinguish between his ruling Conservatives and its main rival Labour over such issues, as he eyes a general election due next year.

Labour appears poised to regain power after more than a decade in opposition.

"I think it makes absolutely no sense, as the Labour Party is suggesting, to ban North Sea oil and gas," Sunak told the Tory-supporting newspaper, referring to waters off Britain's east coast.

"That is just going to weaken our energy security and strengthen the hands of dictators like [Russian] President [Vladimir] Putin. But it's also going to put at risk 200,000 jobs across something like 30 different sectors of the economy and also threaten 80 billion pounds [$103 billion] worth of tax revenue."

Sunak, who became leader last October, said his approach was "to support the U.K.'s energy industry" and appeared to suggest that not exploiting new U.K. oil and gas reserves risked "the lights going out" in Britain.

"Everybody sensible recognizes that we will need those fossil fuels as part of the transition to net zero," he argued.

Sunak and his ministers have riled climate campaigners in recent days by suggesting some U.K. environmental targets could be eased, while offering lukewarm...