THE future of Scotland’s oil and gas industry relies on the UK Government stepping up “urgently”, Westminster has been told. A report by the Commons’ Scottish Affairs Committee has outlined the significant challenges facing the sector and given its recommendations to ensure it can thrive. Noting that the sector has “come through a significant and challenging downturn”, the report urges the UK Government to agree to an “ambitious sector deal” to protect the industry’s future. Academics, industry bodies, unions, energy and climate change specialists, experts in decommissioning, regulators and the UK and Scottish Governments all told the committee their thoughts throughout the inquiry. The committee’s report states: “The opportunities presented by an oil and gas sector deal for Scotland are too significant to be overlooked. “The sector deal would both provide energy security for the UK for decades to come and support the industry to remain a global leader in energy production.” Richard Dixon, director of environmental campaign group Friends of the Earth Scotland, was strongly critical of the report saying: “This is an utterly complacent report which slavishly supports the oil and gas industry’s aim of getting every last drop of oil out o f the North Sea while assuming that eye-wateringly expensive technology will save the industry from its own carbon emissions. “Climate change is an existential crisis for human civilisation and this report could have marked a turning point by acknowledging that we need to leave most of the fossil fuels we know about where they are. Instead it fully sanctions the industry to continue to fry the planet.” He added: “MPs and both the Scottish and UK governments continue to see no contradiction between the urgent need to reduce climate emissions and actively encouraging the industry to pump even more fossil fuels.”
The National 4th Feb 2019 read more »
Scotsman 4th Feb 2019 read more »
A MONEY-SPINNING boost for Scotland’s flagging oil and gas industry should not be finalised without a detailed plan for tackling climate change, a group of influential MPs have warned. A report published today by the Scottish Affairs Committee recommends that the £176m industry and government partnership deal should be supported to ensure that Scotland’s oil and gas industry can “navigate the challenges of its future and continue to prosper”. The highlight of the deal involves the creation of new centres of excellence, one of which has just opened near Aberdeen. It is believed it would deliver up to £110 billion in North Sea revenues between now and 2035. But the committee said that adapting to low carbon was “one of the main challenges” facing the oil and gas sector and that before finalising the sector deal ministers should ensure the industry brings forward “a more detailed proposal” on how this will be achieved. Carbon capture, usage and storage technology (CCUS) can capture up to 90% of CO2 emissions produced from the use of fossil fuels in electricity generation and industrial processes, thereby preventing the carbon dioxide from entering the atmosphere.
Herald 4th Feb 2019 read more »