Barely is the ink dry on the IEA’s report which called for no new oil and gas development, and yet today, the UK Government gave the go-ahead to the huge Rosebank oil field, which is seen as the UK’s last untapped oil field.
“The science could not be more clear: there is no room for a single drop of oil from new fields. In our recent report “Planet Wreckers” we showed how the UK is one of the five rich Global North countries responsible for 51% of planned new oil and gas extraction globally to 2050, and blatantly ignoring the calls to rapidly phase out fossil fuels. The fact that the UK Government has approved the biggest undeveloped field in the UK, and coming just one week after the Government’s weakening of its net zero policies, is proof positive it is siding with oil and gas giants over a liveable future for all.”
For weeks now, climate scientists and activists have looked increasingly aghast at the unrelenting heat and floods ravaging our baking earth. The pace and scale of the daily climate disasters have alarmed them. And our daily climate breakdown shows no sign of stopping.
Norway’s energy ministry approves over USD 18 billion to support 19 new oil and fossil gas field developments on the Norwegian Continental Shelf in the North Sea – Silje Ask Lundberg, Oil Change International North Sea campaign manager responds.
A new report by ActionAid Denmark, Urgewald, Oil Change International, Greenpeace Norway, the Norwegian Forum for Development and Environment and Future in our hands, has exposed the truth behind the Norwegian Oil Fund’s commitment to exit coal, revealing the fund still has billions of US dollars invested in the polluting industry, making it Europe’s largest institutional investor in coal.
An influential committee of British MPs is calling on the British government to accelerate the transition from fossil fuels and set a “clear date” for the end of new oil and gas licensing in the British North Sea.
Today in a huge win for climate, environment, and people, Equinor ASA announced that they are postponing the investment decision on the Wisting oil field in Norway.
Yesterday marked the end of the Conservative’s Annual conference, held in the city of Birmingham. The tradition for any political conference is that the party leader gives a speech at the end of the conference.
Contacts Nicole Rodel: nicole [at] priceofoil.org Silje Lundberg: silje [at] priceofoil.org Today, Prime Minister Liz Truss announced the reversal of the UK’s fracking ban, despite advice from the government’s own advisors that such a move will not help lower energy bills or support long-term energy security. The decision to remove the moratorium on fracking, which … Read More
They say that politicians often operate in a bubble, removed from the rest of us. They have a blinkered view of reality, distorted by privilege and power.