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Danish parliament blocks new North Sea oil extraction

Denmark will no longer increase oil extraction in the North Sea, after a majority in parliament voted against continuation of the practice.

Danish parliament blocks new North Sea oil extraction
File photo: Claus Fisker/Ritzau Scanpix

Fossil fuel activities by the Danish state will cease completely by 2050, according to a deal passed yesterday evening by parliament.

In the meantime, limited drilling in already-active areas will be allowed to continue.

The parties who voted through the North Sea agreement have prevented a new round of bidding for concessions that would have continued oil extraction until the mid-2050s, according to climate minister Dan Jørgensen.

“That we have made this decision will echo across the world. It dovetails with our decision to be fossil fuel free by 2050,” Jørgensen said.

According to news wire Ritzau, French oil giant Total recently withdrew an application for the Danish North Sea license, which has been interpreted as a sign that interest in the Nordic country’s oil reserves is waning.

Oil extraction has earned billions of kroner for the Danish state since the early 1970s. The cost of ending oil and gas extraction for the government has been estimated at 13 billion kroner.

READ ALSO: Climate change sends melting Greenland ice 'past tipping point'

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ENVIRONMENT

‘We still have a chance’: Danish minister’s relief after Glasgow climate deal

Denmark's climate minister Dan Jørgensen has expressed relief that a meaningful climate change deal was struck in Glasgow last night, after a last minute move by India and China nearly knocked it off course.

'We still have a chance': Danish minister's relief after Glasgow climate deal
Denmark's climate minister Dan Jørgensen speaks at the announcement of the Beyond Oil and Gas Alliance in Glasgow on Tuesday. Photo: Andy Buchanan/AFP/Ritzau Scanpix

“For the first time ever, coal and fossil fuel subsidies have been mentioned. I’m very, very happy about that,” he told Denmark’s Politiken newspaper. “But I am also very disappointed that the stronger formulations were removed at the last minute.” 

Late on Saturday, the world’s countries agreed the Glasgow Climate Pact, after negotiations dragged on while governments haggled over phasing out coal. 

Denmark is one of the countries leading the phase out of fossil fuels, formally launching the Beyond Oil and Gas Alliance (BOGA) with ten other countries and states at the Glasgow summit on Tuesday, announcing an end to oil exploration last December, and committing to phase out coal by 2030 back in 2017. 

Jørgensen conceded that the deal struck on Saturday was nowhere near far-reaching enough to keep global temperature rises below 1.5C, which scientists have estimated is critical to limiting the impacts of climate change, but he said the decision to hold another summit in Egypt next year meant that this goal could still be reached. 

“The big, good news is that we could have closed the door today. If we had followed the rules, we would only have had to update the climate plans in 2025, and the updates would only apply from 2030,” he said, adding that this would be too late. “Now we can fight on as early as next year. This is very rare under the auspices of the UN.” 

Limiting temperature rises to 1.5C was still possible, he said. 

“We have a chance. The framework is in place to make the right decisions. There was a risk that that framework would not be there.” 

Jørgensen said that he had come close to tears when India launched a last-minute bid to water down the language when it came to coal, putting the entire deal at risk. 

“It was all really about to fall to the ground,” he said. “The assessment was that either the Indians got that concession or there was no agreement.” 

Sebastian Mernild, a climate researcher at the University of Southern Denmark, said he was disappointed by the lack of binding targets and global deadlines in the plan, but said it was nonetheless “a step in the right direction”, particularly the requirement that signatories to the Paris Agreement must tighten their 2030 emissions reduction targets by the end of 2022.

“It’s good that this thing with fossil fuels has got in,” he added. “It’s a pity that you don’t have to phase them out, but only reduce.”

He said the test of whether the Glasgow meeting is a success or failure would not come until the various aspects of the plan are approved and implemented by members states.

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