Net zero North Sea: A managed transition for oil and gas in Scotland and the UK after Covid-19
Article
Extraction has shrunk as health restrictions have been put in place and demand has dwindled, threatening tens of thousands of jobs concentrated in Scotland and also across the UK. This is already having an impact on the workers and communities directly employed in the industry, those employed through supply chains and the communities who depend on the industry too.
But, crucially, in this crisis there is a possibility for change. If we are to meet our international climate obligations under the Paris Agreement and legally binding net zero targets passed by both the UK and Scottish parliaments by 2050 and 2045 respectively at the very latest, as well as our wider commitments to restoring nature, we must not return to business as usual. Instead, we must reshape the oil and gas industry, to help us achieve net zero emissions and restore nature in Scotland and across the UK.
Related items
Dr Parth Patel on BBC Politics Live discussing net zero, GDP, taxes, prisons and the EU
Fair play: How competition policy can drive growth
The UK’s competition framework — and its regulator, the Competition and Markets Authority — has struggled to prevent rising market concentration and stagnant productivity.From bystander to builder: government guidance will be essential for industry to thrive
Global political attention remains fixed on Washington. US president Donald Trump’s tariffs (and the circling threat of new tariffs) are challenging the global economic order and throwing governments into chaos. Intensifying economic…