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Oil and gas rigs in United Kingdom waters of the North Sea could be forced to convert over to green energy or low-carbon fuels, or either face closure or getting banned from opening new platforms, in an effort to reduce emissions, according to reports.
The Telegraph reported there are currently over 280 oil and gas platforms in UK waters, which produce about 3% of the total CO2 emitted by the country per year.
The same rigs, though, produce nearly half of the UK’s energy.
The North Sea Transition Authority (NSTA) has regulatory authority over the waters off the UK, and reportedly gave oil producers an ultimatum to either convert platforms to operate on low-carbon fuels or green electricity, or face closure.
A …