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at Drax.com. Hello and welcome to Coffee How Shots, the spectator's daily politics podcast.

I'm Max Jeffrey and I'm joined by Fraser Nelson and James Hill.

Rishi Sunack has praised the approval of the new Rosebank oilfield. As we make the transition

to renewables, Rishi Sunack said, we will still need oil and gas. It makes sense to use our own.

James, can you tell us why this is a story?

This is the story that the UK's largest untapped oil and gas fields have been given the green light

by the regulator. It's called Rosebank, 80 miles west of Shetland, contains around 300 million

barrels of oil. It's recently appointed Energy Secretary, appears in this week's magazine,

praising the arrival and saying, we will need oil and gas as part of the mix on the path to

net zero. It makes a lot of sense to use our own oil supplies, rather than porting from elsewhere.

Labour has criticized it, but classic like lots of policies, what Labour's doing right now,

they are saying that they don't welcome it, but they won't revoke it if they get into power next

year. And really, this is what we've seen earlier in the summer with the Sunack government,

shifting away from some of the sort of Boris Johnson government rhetoric on net zero and trying

to maintain a sort of balanced basket of different types of energy to provide the UK's needs.

Fraser, do you think this is good news? And does it show Labour's in a really tricky position

when it comes to the practicalities of delivering net zero? It can't say that it wouldn't have

approved this offer itself. Tactically, this Ruchi Sunack, he

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