North Sea oil and gas firms in UK ‘failing to invest in renewable energy’
by Fiona Harvey Environment editor from on (#6R1ZQ)
Three-quarters plan to invest solely in continued fossil fuel production between now and 2030, research shows
North Sea oil and gas companies are failing to switch their investments to renewable energy, research has shown.
Three-quarters of the offshore oil and gas companies operating in the UK plan to invest solely in continued fossil fuel production between now and the end of the decade, according to data compiled by the analyst company Rystad.
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