Announcements
Announcements
Reducing and phasing out oil and gas production is a global imperative, yet Inefficient subsidies, lack of international cooperation, jobs and geopolitical factors have all combined to create barriers and resistance to change. This report examines the state of transition in Denmark, Norway and the UK.
The three North Sea oil and gas producing nations – Denmark, Norway and the UK – have the necessary finance, economic diversity, technical knowledge and ample renewable energy potential to break their dependency on oil and gas industries. However, they all have gaps in policies aimed at ensuring a just transition. The countries especially lack policies to support people, communities and regions most affected by the transition.
Only Denmark has clear renewable energy targets and a phase-out date for oil and gas production. Not having clear targets to end production is making it difficult for Norway and the UK to properly plan for a transition.
To manage the impacts of a transition away from oil and gas, governments should increase support for an orderly phase-out and managed reorientation as part of programmes for just transition. In particular, this support should include clear phase-out targets, reskilling programmes and solutions for repurposing or decommissioning oil and gas infrastructure.
Project / This project will develop a better understanding of oil and gas transition scenarios, and co-create evidence to accelerate policy action in the North Sea.
Perspective / This perspective argues that the UK's decision to expand oil and gas licenses in the North Sea signals waning leadership on the fossil fuel transition at hand.
SEI report / This report underscores the need for Denmark, Norway and the UK to adopt policies to transition away from fossil fuel production in the North Sea.
Feature / A RISKSEC2.0 workshop highlighted innovative local climate change adaptation strategies from four European cities.
Design and development by Soapbox.
