UK Cmte On Climate Change Can't Say If New North Sea O&G Exploration Would Change Climate
The prospects for an expansion of oil and gas drilling in the North Sea have cleared a major hurdle, as the Committee on Climate Change said stringent tests must be applied to any new exploration licences but stopped short of saying they could not be issued. New drilling would not reduce energy bills for UK consumers, the committee found, and its chair, former Conservative environment secretary Lord Deben, said he would favour a moratorium on North Sea exploration.
He said refusing new licences would send a clear signal to investors and consumers that the UK is committed to its climate goals, and help to strengthen climate ambition internationally.
But the committee, which is the statutory adviser to the government on the net zero goal, concluded that as it could not establish clearly whether new exploration would significantly increase greenhouse gas emissions globally, and as considering the UKs energy security went beyond its remit, any decision on new licences must be taken by ministers.
Weighing these advantages is an inherently political decision, which goes beyond climate policy and sits rightly with government, not with my committee, wrote Deben, in a letter to business secretary Kwasi Kwarteng published on Thursday.
EDIT
https://www.theguardian.com/environment/2022/feb/24/north-sea-oil-exploration-should-not-proceed-but-can-says-uks-climate-committee