Displaying items by tag: Equinor
Controversial proposed oil field publishes climate impact figures
The full environmental impact of the proposed Rosebank oil field, the UK’s largest undeveloped fossil fuel site some eighty miles north-west of Shetland, has now been revealed - and it is vast. The developers, Equinor and Ithaca Energy, have admitted that burning Rosebank’s oil and gas could release nearly 250 million tonnes of carbon dioxide over 25 years, equivalent to two-thirds of the UK’s current annual emissions. The figure, which dwarfs earlier estimates, follows a court ruling requiring a full assessment of the climate impact not just of extraction, but of using the fuels themselves. Environmental groups, including Greenpeace and Uplift, call the figures a stark warning that Rosebank is incompatible with Britain’s 2050 net-zero goal. The Government’s final decision, due after public consultation closes in November, will test its climate credibility. While the developers claim the emissions are ‘not significant’, critics insist that approving Rosebank would lock the UK into decades of pollution and contradict its clean energy ambitions.