- Expensive electrification needed to get beyond short-term emission goals
- 2030 aim of halving CO2 output likely to be met
The North Sea Transition Authority (NSTA) and green campaigners say oil and gas producers in the region will need to spend big to meet government emission reduction targets by 2030, potentially rendering some unprofitable, even as the government pushes for a ramp-up of production.
Average UK North Sea emissions are higher than those from nearby offshore regions because of the age of the assets, while recent reductions have largely come from closures and limits on flaring rather than major operational advancements.