'Tragedy of the commons': The problem with 'low carbon' oil and gas claims

Cecilia Keating
clock • 13 min read
An offshore oil rig | Credit: iStock
Image:

An offshore oil rig | Credit: iStock

The oil and gas industry has claimed a 24 per cent reduction in emissions from the North Sea basin since 2018 justifies its expansion - BusinessGreen unpacks the argument

Last week, the UK's oil and gas industry hailed a decline in production emissions from the North Sea basin, arguing the 24 per cent cut recorded since 2018 was evidence companies were taking "big strides...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

How corporates are helping to drive the global clean power boom

How corporates are helping to drive the global clean power boom

Research from the RE100 initiative shows firms setting their sights on 100 per cent renewable electricity are playing an increasingly important role in accelerating the shift towards clean power

Michael Holder
clock 30 May 2025 • 8 min read
 E.ON teams up with Kraken to launch AI-led smart energy management service

E.ON teams up with Kraken to launch AI-led smart energy management service

'ResidentialFlex' uses AI and machine learning to automatically shift household energy consumption to cheaper times of day

clock 29 May 2025 • 2 min read
Report: Removing gas plants from wholesale power market could slash UK energy bills

Report: Removing gas plants from wholesale power market could slash UK energy bills

Consultancy Stonehaven argues paying legacy gas-fired power plants through a regulated asset based model could shave billions of pounds off UK energy bills

Michael Holder
clock 27 May 2025 • 4 min read