The UK government is reconsidering the approval of the Rosebank oilfield, the UK's largest undeveloped oil and gas field, after a court ruled the initial approval unlawful due to a failure to account for the project's high carbon emissions.
The U.K.'s controversial Rosebank oilfield, which was approved for development in the North Atlantic in September 2023, by the former Conservative government, has faced severe delays as environmentalists battled to block the development. In January, after over two years of waiting, an Edinburgh court deemed the project unlawful. The Labour government must now decide whether to re-approve Rosebank, following an assessment of the potential environmental impact of the project.
Members of parliament MPs have called on Starmer to stick to his pledges on oil and gas by cancelling the project. Ed Miliband previously described the approval of Rosebank as 'climate vandalism'. Reeves is said to believe that Labour can stick to its climate pledges while maintaining approval for Rosebank as it is not a wholly new license. MPs have said that if the approval is encouraged by the Treasury, this will lead to further criticism.
UK Oil And Gas Environmental Law Climate Change North Sea Oil Equinor Labour Party Energy Policy Court Ruling Carbon Emissions
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Junior buys 'one of the largest high-grade undeveloped copper-gold systems globally'Project in Philippines flagged as featuring the superb geology the country is famous for
Read more »
Canada's Largest Carbon Capture Project Faces Uncertain Future Amid Political TurmoilThe fate of Canada's largest proposed carbon capture and storage project hangs in the balance after Prime Minister Trudeau's resignation. The $16.5 billion project faces an uncertain future with a new federal government to be elected later this year.
Read more »
Carluke Sees Scotland's Highest House Price Rises, While Inverurie Faces Largest DeclineCarluke in south Lanarkshire has experienced the highest house price increases in Scotland, exceeding the national average. Inverurie in Aberdeenshire, on the other hand, has seen the biggest average decrease in house prices.
Read more »
Labour Faces Backlash Over Markets Meltdown as Reeves Faces Calls to ResignChancellor Rachel Reeves is facing mounting pressure from MPs over the UK's economic turmoil, with the pound plunging against the US dollar and government borrowing costs soaring. Critics blame Reeves's recent Budget for fueling inflation, triggering job losses, and stifling growth. The situation has sparked unrest within Labour, with some MPs calling for Reeves's resignation. Meanwhile, the government is considering emergency spending cuts and welfare reforms to address the crisis.
Read more »
Plans Unveiled for 87 Affordable Homes on Grassland Site in Radcliffe and BuryWestchurch Homes proposes a 100% affordable housing development on undeveloped land between Radcliffe and Bury.
Read more »
Oilfield services group SLB resists rising pressure to exit RussiaUS company’s chief executive tells investors its operations do not breach Biden administration’s sweeping new sanctions
Read more »