BBC News·5 min read·hard

UK government to outlaw new North Sea drilling

H
https://www.facebook.com/bbcnews
UK government to outlaw new North Sea drilling
✦AI Summary

The UK government has introduced the Energy Independence Bill, which aims to ban new oil and gas exploration licenses in the North Sea to meet climate goals. While the bill includes provisions for renewable energy investment, it has faced criticism from the Conservatives regarding potential economic and energy security impacts.

Why it matters

This legislation represents a significant shift in UK energy policy, balancing the transition to renewables with the economic realities of the existing oil and gas sector.

✦Dive DeeperCreate a free account to unlock

Image caption, The new law would not affect the decision on whether to start production at the Rosebank site

The UK government has moved to ban any new exploration for oil and gas in the North Sea.

The Energy Independence Bill would remove the North Sea Transition Authority's ability to grant new oil and gas licences.

The legislation will not affect the decision on whether to allow drilling at Rosebank off Shetland - the UK's largest known untapped field - which was approved in 2022 before being subject to legal challenges.

The UK government said it was upholding Labour's 2024 manifesto vow not to issue licences for new oil and gas fields, as well as underpinning its commitment to reducing global warming.

The Conservatives described the bills as "dangerous", accusing Labour ministers of being "totally oblivious the economic and energy threats this country faces".

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →

Also covering this story

One other newsroom covered this event. We read that version too.

politicsenvironmenteconomyclimate
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in