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Denmark to end oil, gas extraction in North Sea
|Last Edited||IndyGeorgia Dec 04, 2020 11:44am|
|Author||Jan M. Olsen|
|News Date||Friday, December 4, 2020 02:00:00 PM UTC0:0|
|Description||COPENHAGEN, Denmark (AP) — Denmark has decided to end all oil and gas activities in the North Sea by 2050 and has cancelled its latest licensing round, saying the country is “now putting an end to the fossil fuel era.” |
The Danish Parliament voted late Thursday to end offshore gas and oil extraction, which had started in 1972 and made the country the largest producer in the European Union. Non EU-members Norway and Britain are larger producers, with a bigger presence in the North Sea.
Denmark is this year estimated to pump a bit over 100,000 barrels of crude oil and oil equivalents a day, according to the government.
That is relatively little in a global context. The U.K. produces about ten times that amount while the U.S., the world’s largest producer, pumped over 19 million barrels of oil a day last year. Environmental activists nevertheless said the move was significant as it shows the way forward in the fight against climate change.
Greenpeace called it “a landmark decision toward the necessary phase-out of fossil fuels.”
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