"Nicolas Stern, professor at the London School of Economics, cautioned that fresh drilling would be damaging on multiple fronts, bad for growth, bad for energy security and a harmful signal to the international community."
"A senior African negotiator, speaking anonymously, said the continent would reject any UK expansion of oil drilling, describing it as fundamentally at odds with the Paris agreement."
"Mohamed Adow, director of the Nairobi-based Power Shift Africa thinktank, warned that approval of new projects would signal that short-term interests were being placed above long-term responsibility, setting a precedent that could prove impossible to contain."
Britain's climate leadership is at risk as international diplomats warn against new oil and gas drilling in the North Sea. The government faces pressure from various sectors to grant new licenses, despite research indicating minimal benefits to energy security. The North Sea is over 90% depleted, making extraction costly. Experts like Nicolas Stern emphasize that new drilling would harm growth and energy security, sending a negative signal globally. The developing world strongly opposes UK drilling expansion, viewing it as contradictory to the Paris agreement and detrimental to long-term climate responsibility.
Read at Business Matters
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