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First Minister's Question Time
Rt Hon Alex Salmond (Scottish National Party)
On a global level, there has been considerable debate about whether peak oil has occurred. We should remember that significant reserves remain in the North Sea and that the Scottish oil and gas industry, which is of enormous economic importance to Scotland, will remain a vital sector of our economy for decades to come.
However, we are also clear that Scotland needs to make a transition to a low carbon economy, with an energy supply that is diverse and sustainable and which contributes to Scotland's wealth. The Scottish Government is determined to take a global lead in such a transition—the 80 per cent CO2 reduction target in the forthcoming climate change bill makes that clear. That is a challenging target, but I am sure that it will have the support of Patrick Harvie and his colleague.