Rishi Sunak has defended the government’s plan to expand oil and gas drilling in the North Sea, asserting that it aligns with the goal of achieving net-zero emissions by 2050. Today, Number 10 unveiled a proposal to grant numerous new oil and gas licenses off the coast of Scotland, aiming to enhance British energy independence and reduce reliance on unfriendly nations. However, critics have raised concerns, accusing the decision of undermining the UK’s climate commitments and warning of potential repercussions in the future.
This move also sets a clear divide between the government and the Labour Party, which advocates for blocking all domestic oil and gas drilling as part of its strategy to achieve zero-carbon electricity by 2030. Ed Miliband, the Shadow Climate Change Secretary, accused Mr. Sunak of escalating a “culture war on climate” to compensate for past Tory energy policies that have been deemed ineffective. Nevertheless, government officials emphasized the importance of utilizing North Sea fossil fuel resources, especially in the context of the Russian invasion of Ukraine.
The North Sea Transition Authority (NSTA), responsible for regulating the oil, gas, and carbon storage industries, is currently conducting the 33rd offshore oil and gas licensing round, and over 100 new licenses are expected to be awarded in the coming months. However, environmental campaigners have expressed alarm, particularly regarding any potential development of Rosebank, located 80 miles northwest of Shetland.
During a visit to Aberdeenshire, Mr. Sunak defended the decision, stating that utilizing domestic oil and gas results in much lower carbon emissions compared to shipping it from distant regions. He asserted that granting new drilling licenses is in line with the plan to achieve net-zero emissions. The Prime Minister also announced the locations for two new carbon capture usage and storage clusters, which are crucial in realizing the net-zero target.
The Acorn carbon capture project in North East Scotland and the Viking project in the Humber are expected to play a significant role in investing in clean technologies. However, these sites are not projected to be operational until 2030. Sunak emphasized the importance of using oil and gas resources responsibly and securely, as a quarter of the nation’s energy needs are still projected to come from these sources even in 2050 when net-zero emissions are achieved.