Grangemouth Refinery Closure Impact Deliberated by Commission
Grangemouth Refinery Closure Impact Deliberated by Commission
Grangemouth Refinery Closure Impact Deliberated by Commission
News summary

The closure of Scotland's only oil refinery, Grangemouth, by 2025 poses a significant challenge for job security and impacts fuel supplies, urging both Scottish and UK governments to take accelerated action to avoid a disorderly transition. The Just Transition Commission emphasizes the need for a just transition plan to retain jobs, develop a new economic model, and establish an intergenerational social contract. Various options, including transforming the site into a fuel import terminal or a facility for plant-based biofuels, are being considered amid efforts to reshape Grangemouth's economy towards green technology, with investments and support from both governments.

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