Denmark’s climate minister is fairly certain that the deal to close down the nation’s oil industry by 2050, announced on Friday morning, marks the biggest moment in his career. “I think this is probably going to be the biggest decision that I’m a part of in my life,” Dan Jørgensen tells the Guardian hours after the announcement. We are the biggest oil producer in the EU. We have, since the 1970s, to a large extent financed our welfare state with oil money. Photograph: Miroslav Vogal/Alamy Stock PhotoUnder the agreement, oil companies with existing licences in the Danish North Sea will be able to continue exploring for oil and gas in them.

Source: The Guardian December 05, 2020 07:52 UTC