Greenpeace questions North Sea drilling approval, citing limited gas impact
What happened
Greenpeace UK released a briefing questioning the government's plan to approve more oil and gas drilling in the North Sea, focusing on the Jackdaw and Rosebank projects. The briefing details the potential climate and economic impacts of these projects, noting that Jackdaw's gas reserves would only reduce annual gas import dependency by 2%.
From greenpeace.org.uk
Why it matters
The briefing argues that burning the gas from Jackdaw would not lower international gas prices paid by UK consumers. Furthermore, the report projects significant global damage and heat-related deaths associated with the emissions from both Jackdaw and Rosebank.
From greenpeace.org.uk
Who's involved
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The entities involved
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Shell
British multinational oil and gas company
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Equinor
Norwegian energy company; developer of Empire Wind 1 (810 MW) in NYISO — direct competitor to Avangrid offshore wind.
Related events
- An investigation revealed a director's financial interests related to Shell's offshore activities, which are regulated by the North Sea Transition Authority.
- The Secretary is likely to approve the Rosebank oil field, while Shell participates in a joint venture and Robin Wells criticizes fossil fuel expansion.
- Shell Canada acquired a 30% interest in the Bay du Nord oil project.