OEUK’s response to the Department for Business, Energy & Industrial Strategy consultation on the design of a new climate compatibility checkpoint for new oil and gas licensing.
On the 20th of December 2021, the UK Government announced its consultation on the design of a new climate compatibility checkpoint for new oil and gas licensing. This consultation closed on the 28th of February 2022.
The consultation launched almost a year on from the North Sea Transition Deal, which committed the sector to net zero emissions and sets out a plan of action agreed with governments to support cleaner energies while meeting the countries energy security needs.
In its response, OEUK highlights that despite the introduction of sustainable energy projects, all pathways to the energy transition show a continued need for oil and gas in meeting the UK’s energy requirements for decades to come.
The development of a successful checkpoint will help the UK Government deliver its net zero ambitions in a way that secures a strong economy and reliable energy supply. In its response, the body said the checkpoint must be part of a wider package of measures from the ambitious North Sea Transition Deal (NSTD) to ensure it supports long-term investment, energy security and a just transition.