North Sea countries face barriers to an orderly phase-out from the oil and gas industries, further exacerbated by Russia’s war in Ukraine. However, they remain best placed to be first movers to achieve an orderly and just transition.
The UK, Norway and Denmark all have gaps in policies aimed at ensuring a just transition, an Oil and Gas Transitions report compiled by Stockholm Environment Institute reveals.
What are the opportunities and challenges of using new technologies to advance the just oil and gas transition in the North Sea? A new report by Aalborg University published today looks at two case studies in Denmark.
This article first appeared as a contribution to the November 2021 edition of SEB's The Green Bond. By Gökçe Mete, Adriana Chavarria-Flores, Andrzej Błachowicz Limiting global warming to 1.5°C above pre-industrial levels and setting the world on track to meet the...
Read an in-depth summary of how we turned the spotlight on oil and gas transitions at COP26.
Watch a recording of our COP26 side event to learn how Denmark, Norway and the UK can become first movers on oil & gas transitions.
30th June, 2021 — 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.