North Sea oil platform [image credit: matchtech.com]
No end to the manufactured climate hysteria as the oil industry is put in the spotlight once again, on the now usual pretext of net zero ‘carbon emissions’. How tinkering with the tiny 0.04% of the atmosphere belonging to carbon dioxide could make much difference to anything, is not considered relevant and is just presented as a fact, which is not correct.
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The UK and Scottish governments have been urged to set five-yearly targets for North Sea production cuts, using the coronavirus pandemic as an opportunity to “show global leadership” and “reshape” the industry for net zero, reports Energy Voice.
The Institute for Public Policy Research (IPPR) made several suggestions as to how ministers could take advantage of the Covid-19 crisis, which has already seen a drop in oil extraction.
But it said the UK Government must take responsibility for the “overwhelming majority of the costs of transition” – as Westminster has “received the overwhelming majority of oil and gas revenues”.
The think tank wants the two administrations to work together to “set clear five-yearly targets” to cut the amount of oil and gas extracted, consumed in and exported from the UK to help achieve net zero emissions by the Scottish and UK government targets of 2045 and 2050 respectively.
It also suggested the law should be changed to cap extractions to prevent the UK from exporting surplus fuels that generate carbon emissions abroad.
Oil and Gas UK has already set an industry target of slashing emissions in half by 2030 and 90% by 2040, ahead of the UK’s net zero legal target of 2050.
By acting now, the IPPR said ministers in Scotland and London could “show global leadership and demonstrate the economic, environmental and reputational benefits of being a major historical oil and gas producer to announce a timetable to wind down fossil fuel production to align with net zero”.
The Net Zero North Sea report stressed: “We must reshape the oil and gas industry, to help us achieve net zero emissions and restore nature in Scotland and across the UK.
“Doing so will also require a long-term plan for reducing oil and gas extraction from UK waters over the coming years.”
Full report here.
via Tallbloke’s Talkshop
December 3, 2020 at 08:24AM
Iowa Climate Science Education 
North sea production in Scotland , uk government Britain oil revenue large deposit of oil and gas.
On Thu, Dec 3, 2020, 3:36 PM Iowa Climate Science Education wrote:
> Iowa Climate Science Education posted: “North Sea oil platform [image > credit: matchtech.com] No end to the manufactured climate hysteria as the > oil industry is put in the spotlight once again, on the now usual pretext > of net zero ‘carbon emissions’. How tinkering with the tiny 0.04% of the > atmo” >
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