UK: Increasingly environmentally incorrect. The UK government recently approved the Rosebank project. Exploiting the largest undamaged oil and gas field in the North Sea. It came just one week after Prime Minister Rishi Sunak assured the public that the government would remain committed to net zero by 2050.
The analysis shows that bringing nearly 500 million barrels of oil from Rosebank online would be disastrous. Because the sector will be on track to exceed the emissions targets agreed by the UK government under the North Sea Transition Agreement. The targets were in turn criticized by the Committee on Climate Change as being too weak.
Incoherent and inconsistent work
ClientEarth’s lawyer, Sam Hunter-Jones, explained that the project risks diverting the UK further from meeting its carbon budgets. And the commitments made at the international level. Moreover, it risked activating a dangerous locked-in asset, when the world needs to reduce fossil fuel production, not increase it.
It also contradicts the recent assertion by the International Energy Agency that new oil and gas fields remain inconsistent with a net zero path.
“It is already expected that the government will not meet its climate targets. This approval will only make the government’s job more difficult. On top of that, it seems, they will not do anything to reduce people’s energy bills. Like the recent reversal in government policy, this decision risks By keeping the UK away from achieving legally binding targets.
More reliance on fossils
“In fact, it will only reinforce dependence on expensive fossil fuels, which has been the root cause of the current crisis and global warming. It will make it increasingly difficult, if not impossible, for Rishi Sunak to achieve the Kingdom’s goals.” United Climate.
“Redoubling our efforts on polluting, costly and climate destabilizing fossil fuels will not provide energy security for the people of the UK. This can only be achieved through measures that reduce demand for fossil fuels.
Including rapid deployment of household insulators and heat pumps. Appropriate investment in public transportation. And moving towards an economy based on renewable energy.” UK: Increasingly environmentally incorrect
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