SCOTLAND’S Energy Secretary has declined to oppose the development of the controversial Rosebank oil field in the North Sea ...
The Rosebank oil field off Shetland, which is expected to produce more than 500 million barrels of oil during its lifetime, has not yet been approved by the UK Government, but it is widely expected to be given the go-ahead in the near future.have urged the Tory government not to develop the site, saying that to do so would be a “deliberately destructive act”.
The Energy Secretary went on: “We have said very clearly that we want to see more stringent climate compatibility checkpoints to ensure that any oil and gas operations can be consistent with our net-zero obligations. I stress again, oil and gas is going to be with us for some time to come. “What I want to see is a faster acceleration of that just transition so we can reap the opportunity that’s coming from an economic perspective but also from a net-zero perspective.”
Asked if the Scottish Government was opposing all new oil and gas licences or if there was to be a presumption against them, Gray said the Government was “considering” the results of a consultation on its energy strategy and would be publishing a finalised just transition plan “in due course”.showed a record £9.4 billion for the hydrocarbon sector in 2022-23.
GERS also showed Scotland’s notional deficit dropped to 9% last year, rising to 15.1% when North Sea revenues were removed. The UK’s was given as 5.2%, but there were no figures provided for the UK without North Sea oil and gas.
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