THE Rosebank oil field has been granted development and production consent by the North Sea Transition Authority (NSTA).
The field lies north-west of Shetland and contains up to 350 million barrels of oil.regulator to owners Equinor and Ithaca Energy, following the acceptance of the Environmental Statement.
“Our sky-high bills and recent extreme weather have shown us that. The ugly truth is that Sunak is pandering to vested interest, demonstrating the stranglehold the fossil fuel lobby has on government decision making. Tessa Khan, a climate lawyer and executive director of Uplift which helped coordinate the Stop Rosebank campaign added: “Rosebank will do nothing to lower fuel bills or boost UK energy security.
“People in the UK overwhelmingly support moving to cheaper, renewable energy. This government should be prioritising making sure no pensioner, or family with small children is living in a cold, damp home this winter, not handing billions in tax breaks to obscenely wealthy foreign companies.”
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