My thoughts in Energy Voice on why the energy transition makes change to the North Sea oil & gas licensing system long overdue:
https://www.energyvoice.com/opinion/308743/change-north-sea-licensing-regime-long-overdue/
Extract:
News that the UK government is pondering a North Sea exploration ban has been met with howls of protest – mostly from those who’ve talked a good energy transition but haven’t done very much about it. But re-focusing the sector via progressive change to the licensing regime isn’t “virtue signaling”, as one industry insider put it. It’s downright essential - and long overdue.