The Ecotricity founder said continued disruption was ‘pointless’ as the Government will not change its stance on North Sea drilling.

Green energy industrialist Dale Vince has announced he will stop funding eco-group Just Stop Oil and will instead focus on an anti-Conservative campaign to get the vote out among the younger generation.

The Ecotricity founder, who has donated to both climate activists and Labour, said continued disruption was “pointless” as the Government will not change its stance on oil and gas drilling in the North Sea.

He said he will instead divert his efforts to new cause “Just Vote”, which encourages young people and first-time voters to exercise their democratic right.

In a statement, Mr Vince said: “It’s a fact of our electoral system that only one of two parties can form the next government; we want to bring a focus to this reality and to the opportunity that we have – to elect a green government, one that will embrace the opportunities we face, rather than make an enemy of them – and use them to tackle the long list of issues we face as a country.”

Labour has promised to ban the granting of new licences to explore oil and gas fields in the North Sea.

Mr Vince applauded the “conviction and commitment” of Just Stop Oil protesters, whose demonstrations he has funded from their inception, but suggested further action would play into the Government’s hand by feeding the so-called “culture war”.

“While I understand the frustration that people feel, I believe that further protests and the disruption that comes with them are pointless. I would go further and say they would be counterproductive,” he said.

“Consequently, I’m no longer going to fund protest but will instead switch all of my time, effort and funding to a new cause.”

It comes after Rishi Sunak last month watered down efforts to tackle the climate crisis, including a five-year delay to the ban on new fossil fuel cars, to avoid a public “backlash”.

Labour pledged to retain the 2030 target for electric cars if it wins the next election.

Polling has suggested Britons support measures to tackle climate change – but the balance shifts when asked their opinion if such actions dealt a blow to their personal finances.

Just Stop Oil has been contacted for comment.

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