Britain plans to hand out more than 100 new oil and gas permits in the North Sea to contribute to increasing energy independence, the country’s government said.
Prime Minister Rishi Sunak said the plan was in line with the government’s environmental objectives. Even if the goal of climate neutrality is achieved by 2050, oil and gas will still meet about a quarter of energy needs.
Sunak said the new permits would support domestic supplies and reduce dependence on hostile countries. In addition, this permit will contribute to increasing employment and reducing the carbon footprint, compared to importing natural gas.
At the same time, the UK government announced plans to set up two new groups for carbon capture and storage in Scotland and northern England.
– As UK oil and gas production declines rapidly, new permits will mitigate supply declines and ensure vital energy security, so we can stay on track towards climate neutrality by 2050, the UK government said.
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