Chemicals

The findings show that North Sea mining is “incompatible” with climate goals

New reportcreated at the request of the environmental company Uplift, found that continued research in the North Sea region is contrary to the climate goals of the UK and the Paris Agreement.

The paper, authored by a team of scientists from University College London (UCL) and researcher Daniel Wellsby, says oil and gas production in the North Sea must fall by 7% each year if the UK wants to have a 50% probability. limiting global temperatures to 1.5 ° C. According to UCL researchers, this would mean leaving about 10 billion barrels of oil equivalent (BNE) oil and 6 billion barrels of gas in the ground.

Researchers are instead calling for a moratorium on new oil and gas fields, as well as accelerating emissions-saving technologies such as carbon capture and storage. The UCL team estimates that 38 million tons of CO2 should be caught and stored each year by 2030 – up to 57 million tonnes in 2050 – to achieve climate goals.

The authors also said the UK government plans to test future licensing rounds for projects against “Climate Compatibility Checkpoints” was erroneous, as the checkpoints would take into account only national production and climate goals, not global parameters.

According to the UCL team, the checkpoint “needs to pinpoint which projects elsewhere in the world will not produce to really align new fossil fuel production in the UK with global climate goals.”

They added: “This imposes a heavy burden of evidence that will need to be met before giving the green light to new projects in the UK.”

The news comes at a time when the UK government is reportedly seeking to speed up the creation of new oil and gas fields in the North Sea when the country faces a challenge escalation of the energy crisis. Earlier this month The Daily Telegraph named six fields including Rosebank, Jackdawand Calendula as platforms for potential acceleration.

Rising energy prices have divided people over whether to invest in more hydrocarbons to meet demand, or to accelerate the deployment of emission reduction technologies. The verdict of the Climate Change Committee on whether the new North Sea licenses are compatible with the UK carbon budget will be announced in the coming weeks.

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https://www.offshore-technology.com/news/north-sea-production-incompatible-with-climate-goals-findings-show/ The findings show that North Sea mining is “incompatible” with climate goals

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