Senior climate figures warn North Sea drilling would encourage fossil fuel exploitation by developing countries
Opening new oil and gas fields in the North Sea would “send a shock wave around the world”, imperilling international climate targets, undermining the UK’s climate leadership and encouraging developing countries to exploit their own fossil fuel reserves, experts have warned.
The UK government is under stiff pressure from the oil industry, the Conservatives, Nigel Farage’s Reform UK party, some trade unions and parts of the Treasury to give the green light to new oil and gas fields, despite clear evidence that doing so would not cut prices and would have almost no effect on imports.
Two of the biggest fields remaining in the North Sea, which is more than 90% depleted and where the last pockets are increasingly costly and energy-intensive to extract, are within the licensing system. But the Rosebank and Jackdaw fields, if exploited, would displace only 1% and 2% respectively of the UK’s gas imports, research has shown.
Senior figures in international climate diplomacy said drilling new fields would be “dangerous” for global efforts to cut greenhouse gas emissions and phase out fossil fuels.
