Net zero compatible? Government announces North Sea oil and gas sector review

Michael Holder
clock
The government stressed UK oil and gas would still be required for 'foreseeable future'
Image:

The government stressed UK oil and gas would still be required for 'foreseeable future'

Review of the UK's oil and gas licensing regime to look at how to align future of the sector with 2050 net zero target

The government has announced a major review to explore how to align North Sea oil and gas exploration with its net zero ambitions, potentially opening the door to a critical shift in policy as the UK begins...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Net Zero Now

Tony Juniper has chaired Natural England since 2019 | Credit: Defra

'Looking to the future there is a lot to do': Tony Juniper reappointed Natural England chair

Veteran environmentalist's second term at the helm of conservation watchdog is set to run until Spring 2025

Cecilia Keating
clock 22 December 2021 • 3 min read
Birmingham introduced a clean air zone this summer

Study: Reclaiming Birmingham car parks for trees could unlock £287m benefits

Green Alliance analysis aims to quantify benefits of reclaiming less than 20 per cent of the city’s car parking spots for green space

Cecilia Keating
clock 20 December 2021 • 1 min read
The UK's oil and gas sector has pledged to achieve net zero by 2050

'Transition, not extinction': Government sets out climate tests for future oil and gas projects

Proposals would see North Sea developers having to meet six net zero tests including emissions and green investment targets in order to secure extraction licenses

Michael Holder
clock 20 December 2021 • 7 min read