BusinessPostCorner.com
No Result
View All Result
Sunday, July 19, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Consent for Rosebank and Jackdaw oil and gas fields was unlawful

January 30, 2025
in Business
Reading Time: 2 mins read
A A
0
Consent for Rosebank and Jackdaw oil and gas fields was unlawful
ShareShareShareShareShare

Charlie Kronick of Greenpeace said granting approval would be inconsistent with meeting the UK’s national and international targets to reduce carbon emissions.

“There is no way that we can meet those targets by approving new oil and gas,” he said.

Oil firms insist there will still be domestic demand for fossil fuels whether it is produced in UK waters or not, arguing that importing gas would produce higher emissions, external.

The UK government has been considering how to calculate downstream emissions, and a consultation on the subject had been due to conclude in the spring.

Downing Street said it “worked at speed to consult on updated environmental guidance so we can provide certainty to industry” since the autumn.

The prime minister’s official spokesperson told reporters at a daily Downing Street briefing that: “This will help provide stability for industry, support our environmental goals and investment, protect jobs and deliver economic growth”.

The spokesperson added: “Oil and gas will be with us for decades to come, but diversifying the North Sea industries is also key to protecting jobs and investments in the long term, alongside our commitment to manage existing fields for the duration of their lifespan.”

First Minister John Swinney said the Scottish government would “reflect carefully” on the court’s decision but that he had not yet been able to analyse it “in detail”.

He told reporters the judgement highlighted the significance of climate implications being considered in any consenting decisions. He said that had always been an “essential part” of the Scottish government’s stance.

A spokesperson for Shell said swift action was needed from the government to grant fresh approval for Jackdaw, adding: “Today’s ruling rightly allows work to progress on this nationally-important energy project while new consents are sought.”

Equinor said it welcomed the ruling and promised to continue to work closely with government to progress it.

“Rosebank is critical for the UK’s economic growth,” a spokesperson said, adding that it was investing £2.2bn in the project and a pause would have meant job losses and a cut in tax income for the Treasury.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Barclays tells staff to come into the office more

Next Post

ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

Next Post
ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

Dan Ives and Trump family-linked securities group launch AI bank, because why not?

Dan Ives and Trump family-linked securities group launch AI bank, because why not?

July 15, 2026
World Cup bets on prediction markets may get tax edge over gambling

World Cup bets on prediction markets may get tax edge over gambling

July 13, 2026
Peterborough pop-up school uniform and prom dress stall planned

Peterborough pop-up school uniform and prom dress stall planned

July 14, 2026
Hormuz route open despite Iran declaration, maritime group says

Hormuz route open despite Iran declaration, maritime group says

July 12, 2026
Why IBM suffered its worst stock crash of all time—and what it says about the market’s ‘dual bubble’

Why IBM suffered its worst stock crash of all time—and what it says about the market’s ‘dual bubble’

July 15, 2026
My journey down the rabbit hole at the Conspiracy World Cup

My journey down the rabbit hole at the Conspiracy World Cup

July 18, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Nvidia and Apple get a cut of every baby’s ,000 Trump Account

Nvidia and Apple get a cut of every baby’s $1,000 Trump Account

July 19, 2026
How Maga fell hard for the gender binary

How Maga fell hard for the gender binary

July 19, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!