If passed, the bill will allow fossil fuel corporations to bid for new North Sea licences every year. The bill comes after the Government and North Sea Transition Authorities already announced their plan to give out more than 100 production licences for new oil and gas in the North Sea. [3]The Government’s expansion plans for North Sea Oil and Gas comes as 2023 was marked as the hottest year ever recorded on Earth, smashing scientists predictions. [4][5][6]Energy Secretary Clare Coutinho has admitted new North Sea oil and gas won’t bring down household energy bills. [7][8]Joanna Warrington, spokesperson for Fossil Free London, said:“The UK Government’s Offshore Petroleum Licences Bill is nothing short of deadly.

Source: The Guardian January 22, 2024 14:03 UTC