Green campaigners have been left dismayed as a Chinese firm announced the discovery of the biggest gas field in the North Sea for more than a decade. Drilling revealed gas reserves equivalent to 250 million barrels of oil, which could go a long way to supplying the UK’s demand. But with the nation facing strict targets to cut greenhouse gas emissions under the Paris climate agreement, environmentalists said it was time for an end to fossil fuel extraction in UK waters. “Scientists couldn’t be clearer that, of the fossil fuels we have found, we need to leave 80 per cent in the ground if we have any hope of meeting targets that will deliver on the Paris agreement,” said Craig Bennett, CEO of Friends of the Earth. This comes after a warning by the Intergovernmental Panel on Climate Change that nations around the world, including the UK, must stop burning fossil fuels by around 2030 to avoid catastrophic warming. “We need to be really clear about this – if these companies were to exploit this new find, and if these fossil fuels were to get burned, that will mean many more people will die because of the impacts of climate change,” said Mr Bennett.
Independent 30th Jan 2019 read more »