New oil and gas licences claimed to be compatible with net zero
New oil and gas licences and projects to develop carbon capture facilities are claimed to be in line with efforts toward net zero and will help protect over 200,000 jobs, according to the UK government.

This is the view of prime minister Rishi Sunak who is in Scotland today (July 31, 2023) making the case to ‘power up Britain from Britain’ to assure energy independence. All other major UK political parties oppose the expansion of North Sea licences, while the IPCC, UN and IEA have all said new oil and gas projects are incompatible with the climate goals set out in the Paris Agreement.
Despite this, the government and the North Sea Transition Authority (NSTA) are today announcing a joint commitment to undertake future licensing rounds, which are said to be subject to climate compatibility checks. The NSTA, which regulates the oil, gas and carbon storage industries, is running the 33rd offshore oil and gas licensing round and expects the first new licences to be awarded in the autumn, with the round likely to award over 100 licences.
According to analysis by the NSTA, the carbon footprint of domestic gas production is around one-quarter of the carbon footprint of imported liquified natural gas.
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