'Labour's manifesto ... includes changes to tax allowances, an end to new exploration, and an increase and extension to the existing energy profit levy', the analysts said.
The UK's main opposition Labour Party scaled back its flagship pledge to invest $35 billion a year on a green energy transition if it wins the next election.
Labour has pledged to create a $3.1 billion fund for companies creating clean tech jobs in hydrogen, offshore wind and carbon capture and storage around the North Sea.