Oil and Gas UK welcomes flexibility in the billpublished at 11:21 Greenwich Mean Time 20 November 2018
Will Webster of Oil and Gas UK says the first phase of the energy transition has proven rapid progress can be achieved if the targets are aligned with what is possible and consumer acceptability.
Convener Gillian Martin asks about preparation work being undertaken by the oil and gas sector.
Mr Webster says a vision for the next stage of investment in the North Sea has been developed.
We are not intending to maintain production at current levels but we will manage a decrease, he adds.
The Oil and Gas UK representatives says there is a need for a flexible approach to account for technological development, consumer acceptability and political will.
This flexibility is allowed for in the bill, he says.