UK government approves Rosebank oilfield in UK’s North Sea

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The UK government has approved the Rosebank oil field in the North Sea. I’ll have a lot to say on this but for a start while it blows any remaining pretence that UK is committed to net zero, the UK government will be massively subsidising a foreign company to extract and take the oil abroad …

Extinction Rebellion NL image reads STOP FOSSIELE SUBSIDIES
Extinction Rebellion NL image reads STOP FOSSIELE SUBSIDIES

https://www.theguardian.com/environment/2023/mar/24/uk-government-launch-revamped-net-zero-strategy-oil-gas-capital-aberdeen

[N]ew estimates by the campaign group Uplift show that Rosebank, expected to cost £4.1bn to develop, could receive an effective taxpayer subsidy worth £3.75bn through tax breaks and the loophole in the government’s windfall tax that spares oil and gas investment.

This would mean that Equinor, the Norwegian state-owned company behind the potential field, would pay only £350m to develop Rosebank, which is three times the size of the Cambo oilfield. Equinor made £62bn last year, and about 80% of the oil from Rosebank is likely to be exported, rather than bolstering the UK’s energy security.

Continue ReadingUK government approves Rosebank oilfield in UK’s North Sea

Campaigners take to Westminster Bridge to block Rosebank

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Fossil Free London set off flares and dropped a 15-metre banner Image: Fossil Free London
Fossil Free London set off flares and dropped a 15-metre banner Image: Fossil Free London

ENVIORNMENTAL activists have demanded MPs block a “reckless and absurd” climate time-bomb.

MPs returning to Parliament today were welcomed by Fossil Free London, who set off flares and dropped a 15-metre banner from the nearby bridge demanding development of the Rosebank oil field be dropped.

The decision to develop the field has been repeatedly delayed but, if granted, the licence could see oil giant Equinor benefit to the tune of £3.7 billion in tax breaks as the Tory tax giveaway to big oil — costing £10.6bn so far — continues apace.

Fossil Free London’s Joanna Warrington said: “Rishi Sunak wants to give billions of pounds of public money to a giant oil company in exchange for the climate time-bomb, which will do absolutely nothing to lower our energy bills.

https://morningstaronline.co.uk/article/b/campaigners-take-westminster-bridge-block-rosebank

First Minister Humza Yousaf ‘not convinced’ by Rosebank

In a conversation with the Daily Record, Scotland’s first minister said: “My starting position on Rosebank is I’m not convinced it should go ahead and I’ve said as much publicly, for a number of reasons.

“First and foremost, for example, the majority of Rosebank is oil as opposed to gas – that oil, of course, then gets exported.

“Any suggestion that helps us in terms of our domestic energy security, I think, doesn’t quite stack up.”

Humza Yousaf added: “Unlimited oil and gas extraction is not Scotland’s future,” when asked about the controversial Rosebank oil field.

Continue ReadingCampaigners take to Westminster Bridge to block Rosebank

Climate protesters storm theatre show over Sadlers Wells fossil fuel sponsorship

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https://leftfootforward.org/2023/09/climate-protesters-storm-theatre-show-over-sadlers-wells-fossil-fuel-sponsorship/

Fossil Free London climate protestors protest Barclays sponsorship of the arts at Saddlers Wells.
Fossil Free London climate protestors protest Barclays sponsorship of the arts at Saddlers Wells.

A ballet performance of Romeo and Juliet at Sadlers Wells faced significant disruption on Thursday evening after climate activists stormed the stage to protest the theatre’s Barclays sponsorship.

Five member of the campaign organisation Fossil Free London hijacked the stage after the interval holding a banner that read “Drop Barclays Sponsorship”, whilst two others held placards and chanted “oily money out” from the wings.

Sadlers Wells includes Barclays bank as one of its sponsors. Barclays has continued to fund new oil and gas projects, investing over $190 billion in fossil fuels since 2016.

Barclays also invests in the oil company Equinor who are pushing forward controversial plans for the Rosebank oil and gas field in the North Sea. They are currently waiting on the approval of their environmental report by the government, due in October.  

https://leftfootforward.org/2023/09/climate-protesters-storm-theatre-show-over-sadlers-wells-fossil-fuel-sponsorship/

Continue ReadingClimate protesters storm theatre show over Sadlers Wells fossil fuel sponsorship

Climbers drape Sunak’s £2m mansion in oil-black fabric as PM commits to fossil fuel frenzy

Read more about the article Climbers drape Sunak’s £2m mansion in oil-black fabric as PM commits to fossil fuel frenzy
Greenpeace cover Rishi Sunak's home in black oily fabric in protests at Sunak's intended huge expansion of North Sea fossil fuel exploration. Image © Greenpeace.
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Greenpeace activists have climbed onto the roof of Rishi Sunak’s £2m country mansion in protest at his backing for a major expansion of oil and gas drilling amid a climate crisis

Four Greenpeace activists climbed onto the roof of the Prime Minister’s £2m manor house in Yorkshire earlier this morning in protest at his backing for a major expansion of North Sea oil and gas drilling amidst a summer of escalating climate impacts.

After reaching the top of the building using ladders and climbing ropes, the activists unfolded 200 sq metres of oil-black fabric to cover a whole side of the luxury mansion. At the same time, two activists unfurled a banner emblazoned with the words “Rishi Sunak – Oil Profits or Our Future?” across the grass in front of the manor house. 

Sunak’s government has come under heavy criticism for pushing ahead with plans to hand out around 100 new oil and gas licences in the North Sea, and even hinting at additional ones in future. He has also indicated that he will approve drilling at Rosebank – the UK’s largest undeveloped oil field. The controversial move flies in the face of multiple warnings from the government’s own climate advisers, the International Energy Agency and the UN Secretary General that any new fossil fuel projects risk tipping the world into the danger zone above 1.5C of warming. 

The move, part of a series of climate policy row-backs following the Uxbridge by-election results, comes amidst a summer of devastating wildfires, floods and heatwaves. July has seen the hottest three-week period ever recorded, the three hottest days on record, and the warmest ocean temperatures ever for this season.

Campaigners are warning that any new oil and gas from the North Sea will do nothing for our energy security or bills despite government rhetoric. The companies that own it will simply export it overseas, and any that is sold back to us will be done so at the international market price. 

Commenting on the protest, Philip Evans, Greenpeace UK’s climate campaigner, said:

“We desperately need our prime minister to be a climate leader, not a climate arsonist. Just as wildfires and floods wreck homes and lives around the world, Sunak is committing to a massive expansion of oil and gas drilling. He seems quite happy to hold a blowtorch to the planet if he can score a few political points by sowing division around climate in this country. This is cynical beyond belief.

“Sunak is even willing to peddle the old myth about new oil and gas helping ordinary people struggling with energy bills when he knows full well it’s not true. More North Sea drilling will only benefit oil giants who stand to make even more billions from it, partly thanks to a giant loophole in Sunak’s own windfall tax.

“The experts are clear – we can’t afford any new oil and gas, and the fossil fuel industry certainly doesn’t need another helping hand in destroying the climate. What we need is a clean, affordable energy system fit for the 21st century. It’s time for Sunak to choose between Big Oil’s profits or our future on a habitable planet.”

The Sunak government is also expected to approve Rosebank, the largest undeveloped oil field in the North Sea. And thanks to a loophole in Sunak’s windfall tax, the UK public will foot the bill for 91% of the development costs as the Norwegian oil giant that owns it, Equinor, will be handed £3.75billion of public money to develop the field whilst being able to rake in tens of billions in profits.

There is wide agreement that there should be no new oil and gas exploration or development. Former Tory Net Zero Tsar, Chris Skidmore, has called for Rosebank to be halted, and former COP President and Tory MP, Alok Sharma, has also spoken out against Rosebank, highlighting that it won’t help bring down energy bills. 

Activists in swimwear queue up outside Sunak’s heated pool to highlight electricity grid scandal

Continue ReadingClimbers drape Sunak’s £2m mansion in oil-black fabric as PM commits to fossil fuel frenzy

Greta Thunbeg hits out at government’s Rosebank oil field plans as ‘out of touch with reality’

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https://morningstaronline.co.uk/article/b/greta-thunbeg-hits-out-government-rosebank-plans-out-touch-reality

Climate activist Greta Thunberg speaking on the Pyramid Stage during the Glastonbury Festival at Worthy Farm in Somerset. Picture date: Saturday June 25, 2022.

INTERNATIONAL climate activist Greta Thunberg condemned the British government as “out of touch with reality” today as she joined protesters in London against the Rosebank oil field.

Campaigners gathered outside the Department for Energy Security and Net Zero against the proposed plans for the new site off the Shetland coast.

The plans were originally expected to get approved before parliamentary recess this month but have been delayed over climate concerns.

Ms Thunberg said that a decision by Energy Secretary Grant Shapps to approve oil and gas explorations at Britain’s largest site would be “deliberately destructive.”

The Swedish activist said: “How can the British government even consider pressing ahead with new drilling when we can see what the burning of fossil fuels is doing to the climate and to people?

“The extreme weather events being experienced around the world right now is just a taste of what’s to come if we don’t get off fossil fuels.”

https://morningstaronline.co.uk/article/b/greta-thunbeg-hits-out-government-rosebank-plans-out-touch-reality

Continue ReadingGreta Thunbeg hits out at government’s Rosebank oil field plans as ‘out of touch with reality’