Denmark to end new oil and gas exploration in North Sea

Denmark has introduced an instantaneous end to new oil and gas exploration in the Danish North Sea as a part of a plan to part out fossil gas extraction by 2050.

On Thursday evening the Danish authorities voted in favour of the plans to cancel the nation’s subsequent North Sea oil and gas licensing spherical, 80 years after it first started exploring its hydrocarbon reserves.

Denmark’s 55 present oil and gas platforms, scattered throughout 20 oil and gas fields, will likely be allowed to proceed extracting fossil fuels however the milestone choice to end the hunt for new reserves in the ageing basin will assure an end to Denmark’s fossil gas manufacturing.

“We are now putting a final end to the fossil era,” Denmark’s local weather minister, Dan Jørgensen, mentioned.

Helene Hagel from Greenpeace Denmark described the parliamentary vote as “a watershed moment” that may permit the nation to “assert itself as a green frontrunner and inspire other countries to end our dependence on climate-wrecking fossil fuels”.

She mentioned: “This is a huge victory for the climate movement and all the people who have pushed for many years to make it happen.”

Denmark produced the equal of 103,000 barrels of oil and gas a day in 2019, in contrast with the UK, which produced 1.7m barrels of oil equal final 12 months and Norway, which produced 1.8 million barrels a day.

Its choice to set a long-term deadline on oil and gas manufacturing is probably going to pile strain on the UK prime minister, Boris Johnson, to comply with go well with because the nation prepares to lead efforts to sort out the local weather disaster on the UN climate talks in Glasgow next year.

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“This is what climate leadership looks like,” Mel Evans, a senior local weather campaigner for Greenpeace UK, mentioned. “All eyes will be on the UK next year as we host crucial climate talks, so our prime minister should take note. If Johnson wants to keep up and build global momentum for the clean energy transition, he must cancel the next round of oil and gas licensing, end all future exploration and ditch the legal requirement to extract as much as possible from the North Sea basin.”

The IPPR thinktank referred to as on the UK and Scottish governments earlier this week to phase out oil and gas production via a collection of declining five-year targets, and scrap a controversial coverage that calls on North Sea firms to extract as a lot oil and gas as they will from the ageing basin.

Deirdre Michie, the chief government of Oil and Gas UK, advised the Guardian {that a} laborious deadline on oil and gas manufacturing – comparable to the ban on the sale of new fossil fuel vehicles from 2030 – could be a “blunt instrument” that might lead to “unintended consequences” for funding and 1000’s of jobs.

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