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25.08.26 - 10:27
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Norway Takes Oilfield Climate Battle To Supreme Court (ZeroHedge)
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Norway Takes Oilfield Climate Battle To Supreme Court
By Tsvetana Paraskova of OilPrice.com,
The Norwegian government is asking the country's Supreme Court to overturn lower-court rulings that invalidated the development permits of three new oilfields in Norway's North Sea.
The case was brought to court three years ago by environmental organizations Greenpeace Nordic and Nature og Ungdom (Nature & Youth). In 2023, the campaigners challenged three administrative decisions of the Norwegian Energy Ministry, which had approved the plan for the development and operation of the oil and gas fields of Breidablikk, Yggdrasil, and Tyrving in the North Sea.
Breidablikk, operated by Equinor, and Yggdrasil, developed and operated by Aker BP, are already producing oil and gas. Tyrving, another Aker BP development, is expected to start up later this year.
The campaigners argued that the environmental assessments and reviews by the Norwegian authorities granted the development and operation licenses without...
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25.08.26 - 08:18
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Climate damage would obliterate any economic benefits of new North Sea fields, analysis shows (The Guardian)
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Exclusive: Economic harm of CO2 pollution from Rosebank and Jackdaw forecast to far outweigh any boost to UKThe climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis.It estimates the economic damage caused by the carbon pollution from the oil and gas produced would be between £119bn and £336bn in the coming decades, compared with the £28.7bn in value to the UK estimated by Adura, the fossil fuel company promoting the new fields. Continue reading......
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