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flag Scotland's last oil refinery, Grangemouth, shuts down, causing over 400 job losses amid transition to green energy.

flag The Grangemouth oil refinery in Scotland, the UK's only remaining refinery, is shutting down, leading to over 400 job losses. flag The closure, due to daily losses of about $500,000 from market changes and carbon-cutting measures, highlights challenges in transitioning to green energy. flag Plans to convert the site to low-carbon options were hindered by unsupportive regulations, raising concerns about the government's role in managing the shift to renewable energy.

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