The UK government has announced plans to introduce annual licensing for oil and gas projects in the North Sea. There is currently no set length of time between furlough rounds, but the proposed Bill, which will be announced in the Queen’s Speech on Tuesday, would change this. The new policy aims to ensure that projects meet net zero emissions targets and ensure energy security.

This initiative caused mixed reactions. Environmental organization Greenpeace criticized oil and gas exploration as “obsolete” and vowed to fight the new permits in court. On the other hand, the government argues that the UK still needs oil and gas to meet its energy needs, even if the country reaches its target of net zero carbon emissions by 2050. Importing energy from abroad is considered less than ideal because it increases emissions. total and makes the UK dependent on potentially ‘hostile’ foreign regimes for energy security.

Under the proposed plans, new laws governing the annual licensing process would be included in the Queen’s Speech, which outlines the government’s legislative agenda for next year. The licensing round will only take place if the UK is expected to import more oil and gas than it produces domestically, and if the carbon emissions associated with UK gas production are lower than imported liquefied natural gas. These two conditions, which are currently part of the climate tests the government undertakes to obtain new permits, will be required by law.

Despite the government’s stance, there are concerns from critics that the annual permitting process may not be enough to address the challenges posed by climate change. Shadow Energy Security and Net Zero Emissions Secretary Ed Miliband rejected the plans as a “gimmick” and highlighted the need to reduce reliance on fossil fuels.

Frequently asked questions:

What are the government’s plans for oil and gas licensing in the North Sea?

A: The government plans to introduce annual licensing for oil and gas projects in the North Sea, to ensure they meet net zero emissions targets.

Why are some organizations opposing this new permit?

A: Greenpeace views oil and gas exploration as outdated and has vowed to fight the new permits in court.

Why does the government think it is necessary to resume oil and gas production?

A: The government believes the UK will continue to need oil and gas to meet its energy needs, even with the aim of achieving zero carbon emissions by 2050.

What conditions must be met to carry out the licensing round?

A: The license will only apply if the UK is expected to import more oil and gas than it produces domestically, and if the carbon emissions associated with gas production in the UK are lower than those of imported liquefied natural gas.