The Danish Parliament has announced that it will cancel all future licensing rounds for new oil and gas exploration and production permits in the Danish part of the North Sea and end existing production by 2050.
The UK Crown Estate has set a target to become a net zero carbon business by 2030 and outlined its commitments to reach this goal, which include optimising the green energy potential of the UK’s offshore renewable energy resources. The move has come as the Crown Estate wants to align with the 1.5°C
