British lawmakers are considering a ban on new North Sea oil exploration licenses as a move away from fossil fuels, Telegraph recitation. The UK, which is committed to zero carbon by 2050, could license a drill permit by 2040. In addition, it is expected to immediately suspend the licenses. .
Located between the UK, Denmark, Norway, Germany, the Netherlands, Belgium and France, the North Sea plays an important role in the Scottish economy. Mar a Telegraph, the sector is vital for Scotland’s tax revenue as well as jobs. Scotland accounts for 39 per cent of all jobs created by the UK oil industry.
UK distribution target
Earlier in December, Prime Minister Boris Johnson said the UK aims to cut greenhouse gas emissions by at least 68 per cent from 1990 levels by 2030 and put the country on the path to zero. by 2050. This is the first target set by the UK after leaving the European Union (EU) and Johnson said it has shown Britain’s leadership in tackling climate change, after cutting carbon emissions more than any similarly developed country and is the first major economy to legislate for net zero emissions. ro 2050.
The UK claims that the Nationally Certified Grant (NDC) under the Paris Climate Agreement is now among the highest in the world and promises the country to cut emissions at the highest level speed of any major economy to date. “We have proven that we can reduce our emissions and create hundreds of thousands of jobs in the process – uniting businesses, academics, NGOs, and local communities in a common goal to go further and faster to address to climate change, ”said Johnson.
“Today, we are taking the lead with an ambitious new target to reduce our emissions by 2030, faster than any major economy, with our Ten Point Plan helping us on our way to achieving it. But this is a global effort, which is why the UK is urging world leaders as part of next week’s Climate Ambition Conference to set out their ambitious plans. take the initiative to cut emissions and set zero – zero targets, “Johnson said.
(By submission from AP)
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