The report “Watershed: The Turning Point for North Sea Oil & the Just Transition” has been published by Friends of the Earth Scotland and Oil Change International.

The main findings of the report are:

Since declaring a climate emergency in 2019, the UK’s developed oil and gas reserves have increased by an estimated 800 million barrels

The United Nations and the International Energy Agency warn there can be no new oil and gas developments anywhere in the world if we are to limit warming to 1.5ºC.

UK law and Scottish Government policy remains to drill every last drop from the North Sea, which would triple emissions from oil and gas.

A managed phase-out from North Sea production is necessary for climate and workers. Every delay damages the prospects of a just transition for workers and communities currently reliant on the industry.