POST Online Media Lite Edition



 

Denmark mulls stopping oil production in North Sea

Christian Fernsby |
Danish Minister of Climate and Energy Dan Jorgensen said that the government is assessing whether to continue with a bid for oil production in the North Sea.

Article continues below



Topics: DENMARK    OIL    NORTH SEA   

"I believe that oil and gas should be phased out over time. As soon as possible," said Jorgensen.

"It requires a very thorough analysis, which is currently underway in the government," said the minister.

The minister made the declaration after coming under intense pressure from its allies in parliament.

Researchers from University College London have recommended that 80 percent of known oil and gas reserves need to remain underground to achieve the goal of Paris Agreement, which is keeping global warming "well below" two degrees Celsius above pre-industrial levels.


What to read next

Denmark seeks to change law on pipelines
UK government committed to economic opportunity in North Sea
European corruption body opens procedure against Denmark