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

Michael Holder
clock • 7 min read
The UK's oil and gas sector has pledged to achieve net zero by 2050
Image:

The UK's oil and gas sector has pledged to achieve net zero by 2050

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

The government is proposing six climate tests that future UK oil and gas extraction projects would have to meet in order to secure the green light in future offshore licensing rounds, as it continued to...

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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Spending Review: All the top green commitments at a glance

Spending Review: Chancellor promises to deliver Warm Homes Plan 'in full'

More on Energy

Oxford secures funding for low carbon heat network
Energy

Oxford secures funding for low carbon heat network

Project will supply historic landmarks with low carbon heating and could reduce city's gas demand by 10 per cent

Amber Rolt
clock 11 June 2025 • 3 min read
The government must address electricity prices to lower bills and boost competitiveness
Energy

The government must address electricity prices to lower bills and boost competitiveness

There is no silver bullet for solving Britain's high electricity prices - rather, an effective package of measures across strategies is needed to shift to a clean energy system, writes the Aldersgate Group's Marie-Laure Hicks

Marie-Laure Hicks, Aldersgate Group
clock 10 June 2025 • 5 min read
Future Homes Standard: 'Vast majority' of new build homes to feature rooftop solar panels
Energy

Future Homes Standard: 'Vast majority' of new build homes to feature rooftop solar panels

Government confirms an estimated 99 per cent of new build homes in England will require rooftop solar panels, as Lib Dems celebrate 'Sunshine Bill' success

Stuart Stone
Stuart Stone
clock 06 June 2025 • 6 min read