The responsible British regulator has approved controversial plans to exploit an oil field at the bottom of the North Sea. As the North Sea Transition Authority (NSTA) announced on Wednesday, the two companies Equinor and Ithaca Energy can start developing the Rosebank oil field northwest of the Shetland Islands.
Rosebank is believed to be the largest undeveloped oil field in British waters. According to the companies involved, 69,000 barrels of oil per day could be produced there in the future. The authority says plans to exploit the oilfield are in line with the UK’s target of being carbon neutral by 2050.
Climate activists criticize the plans as irresponsible. However, Rishi Sunak’s Conservative government in London argues that the use of domestic resources is necessary to secure energy supplies during the transition to renewable energy.
The Green MP in the House of Commons, Caroline Lucas, described the decision on Wednesday as “the biggest act of environmental vandalism in my lifetime”. (sda/awp/dpa)
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
