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Stock impact report

Union pleads for government help to save biofuel jobs [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Argent Energy is mothballing its facility in Newarthill, near Motherwell, on 31 May. Unite had demanded action from the Scottish government including grants from its just transition fund. The company supplies biodiesel to Stagecoach England, Metroline buses in London, and Eddie Stobart. It also supplies biofuels to oil and gas companies, including Shell and BP, to blend with conventional diesel. Its plants in Ellesmere Port in Cheshire and Amsterdam will remain open. Unite general secretary Sharon Graham said the union was exploring every option to keep the plant open. “Argent Energy workers based at Newarthill are exactly the type of workforce supposed to be spearheading the march to greener jobs," she said. "The Scottish government needs to step in now or else its green jobs strategy will be in ruins.” The union said Scotland's £500m just transition fund and low emission scheme grants could be used to keep the plant open. Read more stories from Glasgow & West Scot Show less Read more
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