Rosebank Decision - Twigged
The decision comes less than a week after Sunak's net zero backtracks and forms the latest in the string of recent climate disappointments.
Rosebank is the biggest untapped oil field in the UK - and it has just got the green light. It holds approximately 300 million barrels of oil and will be responsible for 200 million tonnes of carbon dioxide.
Advocates say it will work wonders for the nation's energy security, but the majority of oil extracted at the site will be sold outside of the UK - on the international market. This means it won't bring down domestic energy bills either. At this point, it is important to note that Norwegian state oil company Equinor is the majority owner of Rosebank.
The BBC reports that in the long term, the site will create 450 jobs. Alternative renewable energy sources, such as tidal stream, however, has the potential to support over 14,000 jobs. Of course - this comparison squares up a single site to a nationwide initiative, but I draw it to show that oil isn't the optimal option for growth. Or climate, obviously.
Both the International Energy Agency and the UN say that the move is incompatible with the UK's Net Zero commitments, and Countryfiler turned eco-campaigner Chris Packham has branded the move as “an act of war against life on earth.”
The decision comes less than a week after Sunak's net zero backtracks and forms the latest in the string of recent climate disappointments.