OGT Webinar at London Climate Action Week 2021

On 30th June 2021, the Oil and Gas Transitions initiative hosted its first public event at 2021 London Climate Action Week (LCAW).

You can watch the recording of the webinar below:

Our panellists:

Moderated by: Åsa Borssén, Program Coordinator and host at Highgrade

Summary of the event

The North Sea is an intensive region for oil and gas exploration and production, with the UK, Norway and Denmark as major players in exploiting those resources. They remain the three top oil and gas producing nations in Europe despite their ambitious climate neutrality commitments aligned with the Paris Agreement.

A transition out of oil and gas is the next required frontier for their targets to be realised. If the right measures are taken by both the industry and policymakers, the North Sea has the potential to lead this transition fairly and timely, while becoming a hub for renewable energy innovation and production.

During the event we discussed:

  • The objective and approach of the Oil and Gas Transition initiative.
  • The urgency and need to accelerate a just transition for the oil and gas sector in the UK, Norway and Denmark.
  • The pioneering role, opportunities and challenges for the North Sea region in the oil and gas transition. Including social, economic and political aspects, as well as new technologies.
  • Key international trends supporting or preventing the oil and gas transition.
  • The roadmap and priorities for COP26.

Members from organisations and initiatives from our network also featured at the event raising key questions to the panellists. They included: Tom Harrison, Program Manager at Global Gas & Oil Network (GGON); Euan Graham, Senior Researcher at E3G; Richard Folland, Senior Policy and Government Affairs Adviser at Carbon Tracker & Fossil Fuel Non-Proliferation Treaty; and Laurie van der Burg, Senior Campaigner at Oil Change International.