New oilfield in the North Sea would blow the UK's carbon budget

Campaigners say Rosebank, with a potential yield of 500m barrels, would seriously undermine legal commitment to net zeroA single new oil and gas field in the North Sea would be enough to exceed the UK's carbon budgets from its operations alone, analysis has shown, as the government considers fossil fuel expansion despite the legally binding commitment to net zero.Rosebank is the biggest undeveloped oilfield in the North Sea, with the potential to produce 500m barrels of oil, and has already cleared several regulatory hurdles, meaning a decision on its future could come soon. Continue reading...