24th November 2022
One group who can actively limit investment in fossil fuels is our Government. In order to explore new oil and gas fields in British waters, oil companies need a government licence. According to a report in the Guardian ‘The North Sea Transition Authority has begun a process to award more than 100 licences to companies hoping to extract oil and gas in the area. Almost 900 locations are being offered up for exploration.’ https://www.theguardian.com/business/2022/oct/07/uk-offers-new-north-sea-oil-and-gas-licences-despite-climate-concerns
As new licences have not yet been issued (the current round of bids will end in June 2023) there is still time to persuade the Government to think again about the wisdom of this venture. You can help by signing this parliamentary petition to prevent all new North Sea oil and gas exploration
https://petition.parliament.uk/petitions/627208
