New emissions guidance for oil and gas projects
Summary
The UK government has released new rules for oil and gas projects requiring companies to include emissions from burning fossil fuels in their environmental assessments. This change comes after a court ruling emphasized the need to consider the full climate impact of such projects. Decisions on approval for ongoing projects like the Rosebank and Jackdaw fields will now consider these emissions.Key Facts
- The UK government introduced new rules for assessing oil and gas project applications.
- Companies must now consider emissions from burning oil and gas, not just from production.
- This change follows a Supreme Court decision requiring a full climate impact review.
- The Rosebank and Jackdaw fields in Scotland are affected by this guidance.
- Applications for new projects will be evaluated based on this expanded criteria.
- The rule aims to ensure a more thorough environmental impact assessment.
- Decisions on project approvals are expected at the end of the summer.
- The guidance seeks to align projects with the UK's climate goals and energy transition.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
