Tuesday, March 2, 2021
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Denmark commits to ending all North Sea oil and fuel actions by 2050


D

enmark has dedicated to ending all offshore fuel and oil actions by 2050 – and has even cancelled its newest licensing spherical for drilling firms.

The nation has declared that it’s “placing an finish to the fossil period” and can as an alternative give attention to wind energy and different renewable power sources.

The Danish parliament voted to finish the North Sea fuel and oil extraction that began in 1972 and made it the biggest producer within the European Union. Non EU-members Norway and Britain are bigger producers.

Denmark will this 12 months pump simply over 100,000 barrels of crude oil and oil equivalents a day, in keeping with authorities estimates.

(

Denmark hopes to make use of wind power as an alternative

/ Getty Pictures )

That’s comparatively little in a world context. The UK produces about 10 instances that quantity whereas the US, the world’s largest producer, pumped greater than 19 million barrels of oil a day final 12 months.

Environmental activists nonetheless hailed Denmark’s transfer as important because it reveals the best way ahead in combating local weather change.

Greenpeace known as it “a landmark choice towards the required phase-out of fossil fuels”.

“It is a large victory for the local weather motion,” stated Helene Hagel of Greenpeace Denmark.

Rich Denmark has “an ethical obligation to finish the seek for new oil to ship a transparent sign that the world can and should act to fulfill the Paris Settlement and mitigate the local weather disaster”, she added.

The landmark 2015 Paris local weather deal asks wealthy and poor nations to take motion to curb the rise in international temperatures that’s melting glaciers, elevating sea ranges and shifting rainfall patterns.

It requires governments to current nationwide plans to scale back emissions to restrict the worldwide temperature rise to properly beneath 2C.

Denmark has been an early adopter of wind energy, with greater than a 3rd of its electrical energy manufacturing deriving from wind generators. They’re thought-about key within the transformation of the power system and may allow Denmark to not be depending on fossil fuels by 2050 for electrical energy manufacturing.



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