Article summary
The Department for Energy Security and Net Zero (DESNZ) has announced plans to consult on new environmental guidance for oil and gas firms to provide industry stability, support investment, protect jobs, deliver economic growth, and meet climate obligations as the North Sea transitions to its clean energy future. This announcement follows the Supreme Court ruling in R (on the application of Finch on behalf of the Weald Action Group) v Surrey County Council and others [2024] UKSC 20, which requires regulators to consider the impact of scope 3 emissions and burning oil and gas in the Environmental Impact Assessment for new projects. The government will also seek to consult later this year on the implementation of its manifesto position not to issue new oil and gas licences to explore new fields, expected to be concluded by spring 2025.
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